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Valeura Energy Boosts Production at Jasmine Field

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Valeura Energy Boosts Production at Jasmine Field

Valeura Energy (TSE:VLE) has released an update.

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Valeura Energy has successfully completed a five-well infill drilling campaign at the Jasmine field in the Gulf of Thailand, boosting oil production by 26% to nearly 10,000 barrels per day. This achievement is expected to support the company’s goal of maintaining a high reserves replacement ratio, enhancing the field’s economic lifespan.

For further insights into TSE:VLE stock, check out TipRanks’ Stock Analysis page.

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