Valeura Energy (TSE:VLE) executives told shareholders at the company’s 2026 annual general meeting that the Thailand-focused producer is benefiting from higher oil prices, a growing reserve base and ongoing development work, while continuing to evaluate acquisitions and future capital returns.
President and CEO Sean Guest said Valeura’s business model was designed to generate “really good returns” at oil prices around $65 per barrel while preserving exposure to upside in stronger price environments. He said the company remains debt-free and unhedged, leaving it fully exposed to current oil prices.
