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Valeura approves FID for Bussabong Gas Phase 1

Valeura approved a final investment decision for Phase 1 of the Bussabong gas field (40% WI). Facilities capex is capped at $35M plus $20–25M net drilling in 2027–2028; first gas is targeted around end-2028. Gross sales gas is expected at ~30 mmcf/d in 2029, rising to ~40 mmcf/d in 2030.

VLE

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07:11:11 AM UTC
SquawkNews
SINGAPORE, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") announces that along with its partner, PTTEP Energy Development Company Limited, a subsidiary of PTT Exploration and Production Public Company limited ("PTTEP"), it has taken a Fina…

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