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Valeura Energy Reports Strong Q3 and Record Production

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Valeura Energy Reports Strong Q3 and Record Production

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

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Valeura Energy reported strong Q3 2024 results, with a 66% increase in production from the Nong Yao C field and successful cost management, which led to higher-than-expected drilling activities. The company achieved record production rates in September and October and announced a share buyback program, highlighting its robust financial position.

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