Valeura Energy will present its Southeast Asia growth strategy at EnerCom Denver 2026 after reporting strong second-quarter revenue, cash flow and operational progress from its offshore Thailand assets.
The company produced an average of 22,300 barrels of oil per day before royalties during the second quarter of 2026. Oil sales reached 2.454 million barrels at an average realised price of US$105.80 per barrel.
Quarterly revenue was US$259.8 million. Valeura also expects adjusted free cash flow of about US$100 million for the period, based on preliminary and unaudited figures. Adjusted free cash flow is a non-IFRS measure.
Sales exceeded production because Valeura entered the quarter with oil held in inventory. The company began the period with 1.225 million barrels in storage and reduced that balance to 793,000 barrels by 30 June.
Valeura will present this strategy at EnerCom Denver 2026 from 17 to 19 August. The company is expected to discuss its Thailand operations, drilling results, financial position and regional growth plans.
Valeura expects to release its full unaudited second-quarter financial and operating results on 6 August 2026.
Valeura Energy Inc (TSX:VLE) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and substantial longer-term upside potential through an operated deep, tight gas play.
