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Valeura Energy reports record reserves, boosting its net asset value to $1.012 billion in 2024.
Valeura Energy Inc. reported record reserves for the year-end 2024, with 2P reserves at 50 MMbbl and a replacement ratio of 245%.
The company’s net present value before tax is $934 million, and its net asset value is $1.012 billion, or C$13.6 per share.
Contingent resources more than doubled to 48 MMbbl, and decommissioning costs were cut by over 50%, extending field life past 2030.
2 months ago
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