Welcome to our dedicated page for Valeura Energy news (Ticker: VLERF), a resource for investors and traders seeking the latest updates and insights on Valeura Energy stock.
Valeura Energy Inc. reports company developments tied to its petroleum and natural gas exploration, development, and production business in Thailand and Türkiye. Recurring updates cover Gulf of Thailand drilling campaigns, production from fields such as Manora, Jasmine, Ban Yen, and Wassana, offshore rig commitments, reserves and resource reporting, crude oil sales, realized pricing, and operating cash position.
News also covers Valeura's reinvestment in its producing asset portfolio, project acceleration plans, Southeast Asia growth activity, and responses to Thai energy-security policy affecting domestic crude supply. The company's updates commonly include operating performance, capital allocation, field redevelopment, health, safety, environmental stewardship, and greenhouse-gas intensity initiatives across its Thailand portfolio.
Valeura Energy (OTCQX:VLERF, TSX:VLE) reported voting results from its annual general and special meeting held on 14 May 2026. Shareholders approved the appointment of Deloitte & Touche LLP (Singapore) as auditor, the election of all director nominees, and the allocation of unallocated options, performance share units, and restricted share units under the company's equity incentive plans.
Director support ranged from about 74% to over 97% of votes cast.
Valeura Energy (OTCQX:VLERF) reported Q1 2026 results, with oil production of 2.0 million bbls, averaging 22,326 bbls/d, and oil sales of 1.4 million bbls, increasing crude inventory. Adjusted opex was US$25.4/bbl, operating costs US$15.6/bbl, and adjusted cashflow from operations US$21.3 million. The company bought the Manora Princess FSO for US$15.5 million and held net cash of US$261.6 million with no debt. In April 2026, Valeura recorded monthly oil sales of 0.82 mmbbls at US$110.4/bbl, generating US$90.3 million revenue, and committed to a US$7 million Nong Yao expansion and a three‑year jack‑up rig charter.
Valeura (OTCQX:VLERF) has chartered the Shelf Drilling Enterprise premium jack-up rig for a three-year term to 31 December 2029, with an option on the start date and planned drilling commencement in Q4 2026. Initial work will focus on production acceleration projects in the Gulf of Thailand.
Management cites a three-year ~200% reserves replacement ratio and 57.8 mmbbls proved plus probable reserves as of 31 December 2025, and says the company will pursue continual development, appraisal, and exploration drilling through end-2029.
Valeura Energy (OTCQX:VLERF) reported Q1 2026 operations: working interest production averaged 22.3 mbbls/d, sales of 1.394 million bbls (all in Jan–Feb), realised price US$66.2/bbl and revenue of US$92.3 million.
Inventory rose to 1.225 million bbls at Mar 31 after no March liftings. The company bought the Manora Princess FSO for US$15.5 million, sanctioned a US$7 million platform expansion, and held US$261.6 million cash with no debt.
Valeura Energy (OTCQX:VLERF) reported strong 2025 results with US$594.4M revenue, US$247.4M adjusted cashflow, and US$305.7M cash with no debt as of 31 Dec 2025. Production averaged 23,242 bbls/d for the year and 2P reserves replacement reached 192%, lifting reserves life to 7.5 years. The company approved a final investment decision for the Wassana CPP redevelopment (first production targeted Q2 2027) and executed strategic farm-in and JV agreements to expand its Gulf of Thailand and Türkiye opportunities.
Valeura Energy (OTCQX:VLERF, TSX:VLE) acknowledged Thailand decrees published 06 March 2026 that immediately restrict exports of four refined fuel categories: gasoline/gasohol, diesel, jet A1 fuel, and liquified petroleum gas. The decrees do not restrict crude oil exports. Valeura intends to continue supplying domestically produced oil and expects crude price realisations approximately equivalent to the Brent benchmark.
Valeura Energy (OTCQX:VLERF) completed a three-well infill and appraisal campaign at its Manora field (Block G1/48, 70% WI). All wells were successful and placed on production, lifting working-interest share oil output from 1,950 to 2,626 bbls/d (pre-royalties).
Key results: MNA-41 found multiple 300/400/500-series pays; MNA-35ST1 produced 400/500-series pays; MNA-42H logged a 1,046 ft lateral with 556 ft net oil pay. Rig mobilized to Nong Yao (Block G11/48, 90% WI). Audited 2025 results and reserves release scheduled for 18 March 2026.
Valeura Energy (OTCQX:VLERF) acknowledged a March 3, 2026 request from Thailand's Ministry of Energy asking domestic producers to postpone planned downtime and temporarily suspend crude exports to support national energy security.
Valeura says production is continuing as usual, it is seeking clarification from the Ministry, and typically about one third of its oil is sold into the domestic Thai market.
Valeura Energy (OTCQX:VLERF) reported record 2P reserves of 57.8 MMbbls, 1P reserves of 37.9 MMbbls and 3P of 71.2 MMbbls as at 31 Dec 2025. 2P RLI rose to 7.5 years and the 2P NPV10 after tax is US$692 million.
Year-end cash was US$305.7 million, producing a 2P NAV of US$997.7 million (~C$13/share). 2025 2P reserves replacement ratio was 192%. Farm-in to Gulf of Thailand blocks G1/65 and G3/65 is pending government approval.
Valeura Energy (OTCQX:VLERF) reported Q4 and full-year 2025 results and issued 2026 guidance on Jan 13, 2026. Key 2025 highlights: US$305.7M cash and no debt; Q4 oil production 24,721 bbls/d and 2025 average 23,242 bbls/d (working interest); Q4 revenue US$161.4M, 2025 revenue US$594.4M; GHG intensity down 13% YoY and 30% since 2023. Block B5/27 drilling delivered nine producers (100% success) and raised recent block rates to ~8,600 bbls/d. 2026 guidance: production midpoint 21,000 bbls/d, capex midpoint US$185M, adjusted opex midpoint US$205M.