Valeura Energy (TSE:VLE) has released an update.
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Valeura Energy Inc. has successfully ramped up oil production at its Nong Yao C development in Thailand, now operating at full capacity with a stable production rate. The company’s total working interest share of production has averaged 26.2 mbbls/d over the past week, and they are planning to maintain this level with upcoming drilling at other fields. This growth reflects Valeura’s strong cash-generative business and its commitment to adding value for shareholders.
For further insights into TSE:VLE stock, check out TipRanks’ Stock Analysis page.
