From GlobeNewswire: 2024-04-15 02:17:08

Valeura Energy Inc. announced three new oil discoveries in the Gulf of Thailand, showcasing the company’s exploration success. The Nong Yao-13 well discovered over 30 feet of new oil pay in the Nong Yao D area, confirming successful oil migration. Additionally, two wells drilled north of the Wassana oil field discovered significant oil volumes, showing potential for future development projects. The company plans to increase production rates through infill drilling and development work, with the goal of supporting cash flow generation. Valeura anticipates adding these new volumes to its reserves and resources by the end of the year for further growth opportunities.



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