Crude Oil (WTI)

Commodity

XD0015948363

Delayed OTC Data Services 10:32:08 2024-04-26 pm EDT			5-day change	1st Jan Change
83.53 ^USD	0.00%		+1.68%	+17.17%

07:47am	Oil refinery in Russia's Krasnodar region damaged in Ukraine drone attack, authorities say	RE
01:35am	Yemen's Houthis say their missiles hit Andromeda Star oil ship in Red Sea	RE

Valeura Energy expects oil production to increase in 2024

January 16, 2024 at 12:54 pm EST

Valeura Energy Inc - Alberta, Canada-based Thailand and Turkey-focused oil and gas company - Provides an operational update and guidance outlook for 2024. Reports fourth quarter 2023 average oil production of 19,165 barrels per day, resulting in a full year 2023 average of 20,420 barrels per day. Net cash at December 31 was USD150.9 million, anticipates capital expenditure and operating expenditure performance within or below guidance for the full year 2023. Gives 2024 oil production guidance of 21,500 to 24,500 barrels per day, net to Valeura's working interest. Provides 2024 capex guidance of USD135-USD155 million, plus exploration expense of around USD8 million and opex guidance of USD205-USD235 million.

Current stock price: CAD2.88

12-month change: up 4.7%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
US DOLLAR / TURKISH LIRA	32.4 TRY	-0.19%	-0.67%	-
VALEURA ENERGY INC.	5.95 CAD	+6.63%	+2.23%	458M

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