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News 2026-09-22 06:51 UTC

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.