Edition:
United States

Valeura Energy Inc (VLE.TO)

VLE.TO on Toronto Stock Exchange

4.53CAD
22 Jun 2018
Change (% chg)

$0.24 (+5.59%)
Prev Close
$4.29
Open
$4.32
Day's High
$4.64
Day's Low
$4.28
Volume
656,756
Avg. Vol
520,440
52-wk High
$8.27
52-wk Low
$0.43

Latest Key Developments (Source: Significant Developments)

Scott Lamacraft Announces Change In Ownership Interest Of Valeura Energy Inc
Thursday, 1 Mar 2018 02:07pm EST 

March 1 (Reuters) - Scott Lamacraft::SCOTT LAMACRAFT ANNOUNCES CHANGE IN OWNERSHIP INTEREST OF VALEURA ENERGY INC..SCOTT LAMACRAFT SAYS HIS ALONG WITH HIS JOINT ACTOR'S OWNERSHIP INTEREST IN VALEURA ENERGY INC HAS DECREASED BELOW 10%.SCOTT LAMACRAFT SAYS HIS ALONG WITH HIS JOINT ACTOR'S PERCENTAGE INTEREST IN VALEURA ENERGY IS NOW 8.73% OF CO'S ISSUED AND OUTSTANDING SHARES.  Full Article

Valeura Announces $50 Million Bought Deal Financing
Thursday, 8 Feb 2018 07:34am EST 

Feb 8 (Reuters) - Valeura Energy Inc ::VALEURA ANNOUNCES $50 MILLION BOUGHT DEAL FINANCING.VALEURA ENERGY - EXPECTS TO USE NET PROCEEDS OF OFFERING TO FUND CONTINUED APPRAISAL OF BASIN-CENTERED GAS PLAY IN TURKEY.VALEURA ENERGY INC - ENTERED INTO AGREEMENT WITH UNDERWRITERS TO PURCHASE, ON A "BOUGHT DEAL" BASIS, 8.8 MILLION COMMON SHARES AT $5.70/COMMON SHARE.  Full Article

Valeura Says Has Temporarily Suspended Testing Operations On Yamalik-1 Well
Friday, 12 Jan 2018 05:15pm EST 

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 07:45am EST 

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
Tuesday, 14 Nov 2017 07:14pm EST 

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 08:00am EDT 

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 01:47pm EDT 

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

Valeura announces second quarter 2017 financial and operating results
Thursday, 10 Aug 2017 05:16pm EDT 

Aug 10 (Reuters) - Valeura Energy Inc :Valeura announces second quarter 2017 financial and operating results.Valeura Energy Inc qtrly ‍funds flow from operations was $1.0 million in Q2 2017, down 54 percent from Q2 2016​.Valeura Energy Inc qtrly ‍petroleum and natural gas revenues $3.8 million versus $3.1 million​.Valeura Energy Inc qtrly production ‍934 boe/d versus 807 boe/d​ ‍​.Valeura Energy Inc - ‍reduced its outlook for 2017 exit rate net sales from 1,500 boe/d to a target range of 1,000 to 1,100 boe/d​.  Full Article

Valeura announces second quarter 2017 financial and operating results
Thursday, 10 Aug 2017 05:16pm EDT 

Aug 10 (Reuters) - Valeura Energy Inc ::Valeura Energy Inc qtrly ‍petroleum and natural gas revenues $3.8 million versus $4.8 million.Valeura Energy Inc qtrly production ‍934 BOE/D versus 933 BOE/D​‍​.Valeura announces second quarter 2017 financial and operating results.Valeura Energy Inc qtrly ‍funds flow from operations was $1.0 million in Q2 2017, down 54 percent from q2 2016​.Says reduced its outlook for 2017 exit rate net sales from 1,500 BOE/D to a target range of 1,000 to 1,100 BOE/D​.  Full Article

Valeura Qtrly net sales 807 BOE/d
Wednesday, 10 May 2017 09:52pm EDT 

May 11 (Reuters) - Valeura Energy Inc :Valeura announces first quarter 2017 financial and operating results, completion of transformational transactions and imminent start of deep drilling operations.Qtrly net sales 807 BOE/d.Currently targeting capital expenditure program of $15 to $16 million in 2017 directed entirely to shallow gas business.  Full Article