In today’s briefing:
- Valeura Energy (TSX: VLE): Additional exploration upside. Lower decommissioning liabilities
Valeura Energy (TSX: VLE): Additional exploration upside. Lower decommissioning liabilities
- FY23 production, YE23 net cash and YE23 reserves and resources had been reported previously.
- The FY24 production guidance of 21.5-24.5 mbbl/d with US$205-235 mm opex and US$135-155 mm capex has been re-iterated.
- Current production continues to be high, with average production for the first half of March of ~23,000 bbl/d, including ~7.9 mbbl/d for Jasmine, 7.2 mbbl/d for Nong Yao, 2.9 bbl/d for Manora and 4.9 mbbl/d for Wassana.
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