Core Insights - Valeura Energy Inc. reported a record cash position of US$305.7 million as of December 31, 2025, with no debt, aligning with its guidance outlook for 2025 [1] - The company successfully completed a drilling campaign at Block B5/27, which is expected to enhance oil production and contribute to reserves replacement [1] - The guidance outlook for 2026 aims to continue generating long-term value for shareholders [1] Q4 and Full Year 2025 Highlights - Average oil production in Q4 2025 was 24,721 barrels per day (bbls/d), leading to a full year average of 23,242 bbls/d for 2025 [1] - A total of 2.523 million barrels of oil were sold in Q4 2025, with an annual total of 8.466 million barrels sold for the full year [1] - Price realizations in Q4 2025 averaged US$64.0 per barrel, resulting in Q4 revenue of US$161.4 million and total revenue of US$594.4 million for the full year [1] - Greenhouse gas (GHG) intensity was reduced by 13% for the full year 2025, achieving a total reduction of 30% since the acquisition of the Thailand portfolio in 2023 [1] - Nine production-oriented development wells were completed at the Jasmine and Ban Yen fields in Q4 2025, achieving a 100% success rate, including a record length for a horizontal well in the Gulf of Thailand [1]