TSX:VLEOil and Gas
Oil Discovery Could Change Valeura Energy Stock Narrative
Valeura Energy reported a new oil discovery at the Suraphi field near Manora and successful drilling on the Jasmine field in the Gulf of Thailand, including multiple oil-bearing intervals and four productive wellbores.
The Suraphi find, which supports a potential satellite facility and suggests de-risked nearby prospects, sits alongside Jasmine wells that have already lifted production to about 8,250 bbls/d before royalties. Together, these developments are reshaping Valeura Energy’s project...