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CALGARY, AB / ACCESS Newswire / September 1, 2026 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company") announces that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand. Dr. Sean Guest, President and CEO commented: "Work on our new-build central processing platform ("CPP") is proceeding on budget and remains ahead of schedule, with facility construction (also known as mechanical completion) in the yard expected to be complete by 01 October 2026.
Valeura Energy TSE: VLE is pursuing organic development and acquisitions in Southeast Asia as it seeks to expand its operated oil business in the Gulf of Thailand, according to Robin Martin, the company's senior vice president of communications and investor relations.
Valeura Energy achieved standout realized oil prices and cash flow in Q2, driven by Gulf of Thailand production priced off Dubai benchmarks. Q2 results were exceptional but likely non-repeatable, with adjusted cash flow from operations of $154M ($77.10 per barrel) and free cash flow of $105M. Production from small, rapidly depleting basins requires constant replacement; the upcoming Wassana redevelopment (7.5 mbbls/d) is expected to offset declines.
CALGARY, AB / ACCESS Newswire / August 6, 2026 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company") reports its unaudited financial and operating results for the three and six month periods ended 30 June 2026. The complete quarterly reporting package for the Company, including the unaudited financial statements (the "Interim Financial Statement") and associated management's discussion and analysis ("MD&A") are being filed on SEDAR+ at www.sedarplus.caand posted the Company's website at www.valeuraenergy.com.
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