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) 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.
Valeura (TSX:VLE / OTCQX:VLERF) received TSX approval for a new Normal Course Issuer Bid (NCIB running Nov 20, 2025 to Nov 19, 2026).
Under the NCIB Valeura may purchase up to 6,298,884 shares (approximately 10% of public float as at Nov 6, 2025). There were 105,716,754 shares outstanding as at Nov 6, 2025. Purchases will be made on the TSX and alternative Canadian trading systems, with all purchased shares cancelled.
The NCIB includes a daily maximum of 71,382 shares (25% of average daily volume for May 1–Oct 31, 2025) and an automatic share purchase plan to allow buys during blackout periods. The new NCIB follows an expired NCIB under which Valeura purchased 1,942,504 shares at an average price of C$7.1575.
Valeura Energy (OTCQX:VLERF) reported Q3 2025 results with working interest oil production averaging 23.0 mbbls/d and oil sales of 2.16 million bbls, generating revenue of US$155.7 million. Adjusted EBITDAX was US$80.7 million and adjusted after-tax cashflow from operations was US$73.2 million. Cash was US$248.4 million with no debt and adjusted working capital of US$275.2 million. A ten-well campaign at G11/48 raised quarter-end production to 24.8 mbbls/d. Key corporate moves: farm-in in the Gulf of Thailand (subject to Thai approval) and a JV in Türkiye's Thrace basin. Wassana redevelopment remains on track for first oil in Q2 2027.
Valeura Energy (OTCQX:VLERF) entered a joint venture with Transatlantic Petroleum via a wholly owned subsidiary and partner Pinnacle to explore and develop the deep rights in the Thrace basin of northwest Türkiye.
Key facts: 955 km2 gross area; testing of Devepinar-1 re-entry expected in Q4 2025; Transatlantic can earn a 50% working interest by funding re-entry costs up to US$2.0m and drilling/appraisal costs up to US$8.0m. Valeura previously drilled 3 wells (2017–2019) that demonstrated multiple Tcf of gas in place, with prior short-term flows but high decline rates.
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.