• Valeura completed the acquisition of the Thai assets from KrisEnergy during 2Q22 and the MOPU acquisition is proceeding as planned.
• Work has commenced on the MOPU to ensure its readiness for production operations and Valeura will shortly complete the inspection work relating to the re-certification of the facility. All of these key activities are expected to be completed in 3Q22.
• Valeura is also in advanced commercial discussions for a suitable FSO for Wassana. This will drive the exact sc ....
05 Aug 2022
Valeura Energy (TSX: VLE): On track to reach 3,000 bbl/d during 4Q22
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Valeura Energy (TSX: VLE): On track to reach 3,000 bbl/d during 4Q22
• Valeura completed the acquisition of the Thai assets from KrisEnergy during 2Q22 and the MOPU acquisition is proceeding as planned.
• Work has commenced on the MOPU to ensure its readiness for production operations and Valeura will shortly complete the inspection work relating to the re-certification of the facility. All of these key activities are expected to be completed in 3Q22.
• Valeura is also in advanced commercial discussions for a suitable FSO for Wassana. This will drive the exact sc ....