Core Insights - Valeura Energy Inc. reported a successful Q3 2025 operations update, highlighting a ten-well drilling campaign at the Nong Yao field in the Gulf of Thailand [1] Operational Performance - Oil production averaged 23.0 mbbls/d during the quarter [1] - The company lifted 2.16 million barrels at an average realized price of US$72.06/bbl, which is a US$2.52/bbl premium to Brent [1] - By the end of the quarter, production increased to 24.8 mbbls/d following the successful drilling campaign [1][1] Financial Position - Valeura Energy holds a cash position of US$248.3 million, along with a net crude receivable of US$36.7 million [1] Strategic Developments - The company achieved major offshore acreage expansion through a strategic farm-in agreement in the Gulf of Thailand [1] - Progress is being made on the Wassana field redevelopment project, with construction on schedule [1]
Valeura Energy Inc Announces Q3 2025 Operations and Financial Update
Accessnewswire·2025-10-09 08:10