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Valeura Energy Inc (VLE.TO)

VLE.TO on Toronto Stock Exchange

3.46CAD
11 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Valeura Q3 Petroleum & Natural Gas Revenues C$2.4 Mln Vs C$4 Mln
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Valeura Energy Inc ::VALEURA ANNOUNCES THIRD QUARTER 2018 RESULTS AND CONTINUING APPRAISAL OF ITS BASIN CENTERED GAS ACCUMULATION.NET PETROLEUM AND NATURAL GAS SALES IN Q3 2018 AVERAGED 655 BOE/D, WHICH WAS 11% LOWER THAN Q2 2018.QTRLY PETROLEUM AND NATURAL GAS REVENUES C$2.4 MILLION VERSUS C$4 MILLION.  Full Article

Valeura Announces Restart Of Operations At Yamalik-1
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - Valeura Energy Inc ::VALEURA ANNOUNCES SECOND QUARTER 2018 RESULTS AND RESTART OF OPERATIONS AT YAMALIK-1.QTRLY PETROLEUM AND NATURAL GAS REVENUES C$3.0 MILLION VERSUS C$3.8 MILLION.NET PETROLEUM AND NATURAL GAS SALES IN Q2 2018 AVERAGED 736 BOE/D, 21% LOWER THAN THE SAME PERIOD LAST YEAR.  Full Article

Valeura Says Has Temporarily Suspended Testing Operations On Yamalik-1 Well
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Valeura Energy Inc ::VALEURA PROVIDES OPERATIONAL UPDATE AND ANNOUNCES BOARD CHANGES.SAYS TIM MARCHANT APPOINTED CHAIRMAN OF THE BOARD.- CORPORATION HAS TEMPORARILY SUSPENDED TESTING OPERATIONS ON YAMALIK-1 WELL.VALEURA ENERGY -‍ NET PETROLEUM AND NATURAL GAS SALES IN Q4 2017 AVERAGED ABOUT 1,038 BARRELS OF OIL EQUIVALENT PER DAY, UP ABOUT 1% FROM Q3 2017​.VALEURA ENERGY - ‍DEC 2017 EXIT NET SALES WERE 929 BOE/D COMPARED TO EARLIER GUIDANCE OF 1,000 TO 1,100 BOE/D​.- CORPORATION IS TARGETING TO RECOMMENCE OPERATIONS ON YAMALIK-1 WELL BY END OF Q1.  Full Article

Valeura Appoints Sean Guest CEO, Effective Jan 1
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Valeura Energy Inc ::VALEURA ANNOUNCES COMPLETION OF CEO SUCCESSION PLAN.VALEURA ENERGY INC - ANNOUNCE APPOINTMENT OF SEAN GUEST AS CHIEF EXECUTIVE OFFICER OF CORPORATION EFFECTIVE JANUARY 1, 2018.VALEURA ENERGY INC - ‍SEAN GUEST​ REPLACES JIM MCFARLAND WHO HAS RETIRED FROM EXECUTIVE DUTIES BUT WILL CONTINUE TO SERVE ON BOARD.  Full Article

Valeura Energy says does not expect to provide guidance on 2018 work program, budget until Q1
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Valeura Energy Inc :Valeura announces third quarter 2017 financial and operating results and commencement of the Yamalik-1 testing program.Valeura Energy Inc - ‍outlook for 2017 exit rate net sales remains unchanged from earlier guidance, with a target range of 1,000 to 1,100 boe/d​.Valeura Energy Inc says ‍corporation does not expect to provide guidance on its 2018 work program and budget until Q1 2018​.  Full Article

Valeura Energy says CEO Jim McFarland, will be retiring as an executive of corp effective Dec 31
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Valeura Energy Inc :Valeura announces executive changes.Valeura Energy Inc - ‍Co-founder, president and CEO, Jim McFarland, will be retiring as an executive of corporation effective December 31, 2017​.Valeura Energy Inc - ‍McFarland will continue to serve as a director of Valeura​.Valeura Energy Inc - ‍McFarland expects to stand for re-election to board of directors at next annual general meeting of shareholders in May 2018​.Valeura Energy Inc - ‍McFarland will remain as ceo in interim period to year-end 2017​.Valeura Energy Inc - ‍Sean guest, co's COO, to assume additional role of president and will become president and ceo upon McFarland's retirement​.  Full Article

Valeura Energy updates on Yamalik-1 testing program
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Valeura Energy Inc ::Valeura announces Yamalik-1 testing program and operational update.Valeura Energy Inc - Agreement with Statoil Banarli Turkey for completion, multi-stage fracing, flow testing program for Yamalik-1 well​.‍Valeura Energy Inc - Yamalik-1 testing program is expected to commence during November 2017​.‍Valeura Energy Inc - Estimated all-in cost of Yamalik-1 testing program is US$10.3 million, to be funded 100% by Statoil up to a cap of 110% of budget​.  Full Article