Valeura Energy Reports Reserve Growth and Ongoing Development in Thailand
Valeura Energy reported strong cash generation and increased reserves to about 58 million barrels with nearly 200% reserve replacement over the past year. The company remains on track for its Wassana redevelopment project, is expanding operations in Thailand through new contracts and partnerships, and continues evaluating acquisitions while maintaining a debt-free balance sheet.
Topics: acquisition strategy oil prices reserves growth Thailand expansion