Valeura Energy Inc Stock Price, News & Analysis

Valeura Energy (TSX:VLE / OTCQX:VLERF) provided a Q3 2025 operations and financial update on October 9, 2025, reporting safe ongoing operations and a successful ten-well Nong Yao drilling campaign.

Key metrics: average working interest oil production 23.0 mbbls/d in Q3 (seven-day rate 24.8 mbbls/d), oil sales 2.16 million bbls, realised price US$72.06/bbl (+US$2.52/bbl vs Brent), cash US$248.3M and a net crude receivable of US$36.7M. The company drilled 10 wells at Nong Yao, raising Nong Yao WI production from ~7,996 to 11,562 bbls/d (seven-day rate). Wassana redevelopment construction is on schedule for first oil in Q2 2027. A strategic farm-in expansion is pending Thai government approval.

Valeura Energy (OTCQX:VLERF) has achieved a remarkable milestone by ranking No. 1 on Report on Business magazine's 2025 list of Canada's Top Growing Companies. The company demonstrated exceptional growth with revenue surging from US$3 million in 2021 to US$689 million in 2024, representing a staggering 20,064% increase over three years.

This achievement follows Valeura's previous ranking of No. 8 in 2024, highlighting the company's consistent growth trajectory and successful execution of its strategic initiatives launched in 2020. The company secured the top position among 400 candidates across all sectors, showcasing its outstanding performance in value creation and operational excellence.

Valeura Energy (OTCQX:VLERF) reported strong Q2 2025 financial results with oil production of 21,412 bbls/d and revenue of US$129.3 million. The company maintained a robust financial position with US$242.0 million in cash and no debt.

Key achievements include an 8% production increase to 23,150 bbls/d in recent operations, a strategic farm-in agreement with PTTEP for a 40% working interest in Gulf of Thailand blocks, and a 20% reduction in greenhouse gas emissions intensity. The company took final investment decision on the Wassana field redevelopment, with production start expected in Q2 2027.

Financial performance showed Adjusted EBITDAX of US$62.4 million and adjusted after-tax cashflow of US$50.5 million. Average realized oil price was US$67.9/bbl, with operating expenses at US$43.8 million.

Valeura Energy (OTCQX:VLERF) has released its 2024 Sustainability Report, highlighting significant progress in environmental, social, and governance metrics. The company achieved a notable 20% reduction in greenhouse gas emissions intensity during its first full year of operations in Thailand.

The report, approved by the Board of Directors, builds upon baseline data from their inaugural sustainability report. Additionally, Valeura has published its compliance report with Canada's Modern Slavery Act and updated its annual report under the Extractive Sector Transparency Measures Act.

Valeura Energy (OTCQX:VLERF) has entered into a strategic Farm-in Agreement with PTTEP to acquire a 40% interest in Blocks G1/65 and G3/65 in the offshore Gulf of Thailand. The deal significantly expands Valeura's gross acreage position from 2,623 km² to 22,757 km².

The agreement includes 15 oil and gas discoveries supported by 27 wells. To earn its interest, Valeura will pay 40% of actual back costs (US$14.7 million) through June 30, 2025, and carry PTTEP on additional seismic acquisition capped at US$3.7 million. The blocks are governed by PSCs with a 10% royalty to Thailand's government, 50% cost recovery cap, and 50/50 profit sharing.

The deal provides immediate activity with exploration and appraisal work, including recently completed four-well drilling program and planned 3D seismic acquisition of over 1,200 km².

Valeura Energy (OTCQX:VLERF) has released its Q2 2025 operations update, reporting average oil production of 21.4 mbbls/d and revenue of US$129.3 million. The company maintains its full-year production guidance of 23.0-25.5 mbbls/d despite a 10.2% quarter-over-quarter production decrease.

Key financial metrics include a strong cash position of US$241.9 million with no debt, and tax payments of US$15.8 million primarily for the Jasmine asset. Oil price realizations averaged US$67.95/bbl, representing a US$0.67/bbl premium over Brent crude benchmark.

Operationally, Valeura has commenced a drilling campaign at Block G11/48 (Nong Yao) and made a final investment decision on the Wassana field redevelopment, with first production targeted for Q2 2027.

Valeura Energy (VLERF) has completed an eight-well drilling campaign at Block B5/27 in the Gulf of Thailand, where it holds 100% operated working interest. The campaign included successful wells at Jasmine C (2 wells), Ban Yen A (3 wells), and Jasmine D (2 wells) platforms. Most wells exceeded management's expectations for oil pay and are now producing. Notable successes include Well C-30ST1H with innovative completion design and BYA-35ST1 with double the expected oil pay. However, the Ratree exploration well was unsuccessful, finding only trace hydrocarbons. The program was completed safely, on time, and under budget, maintaining Q1 production rates. The drilling rig is now moving to Nong Yao field for a 10-well development program.

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF), an upstream oil and gas company operating in the Gulf of Thailand and Thrace Basin of Türkiye, has announced the voting results from its annual general meeting held on May 14, 2025. Shareholders approved the appointment of Deloitte & Touche LLP (Singapore) as auditors and elected eight directors to the board.

The voting results showed strong support for most directors, with Dr. W. Sean Guest and Timothy N. Chapman receiving nearly unanimous approval at 100%. However, two directors received notable opposition: James D. McFarland with 28.48% votes withheld, and Chalermchai Mahagitsiri with 21.65% votes withheld. The remaining directors all received over 99% approval.

Valeura Energy (TSX:VLE, OTCQX:VLERF) has reported that all its personnel are safe and accounted for following a strong earthquake that struck central Myanmar on March 28, 2025, at approximately 13:30 local time. The earthquake, which occurred approximately 1,000 km from Bangkok, Thailand, caused damage to certain buildings in Thailand.

The company confirmed that all its facilities in the offshore Gulf of Thailand continue to operate safely with no immediate indications of damage from the seismic event.