In today’s briefing:
- Valeura Energy (TSX: VLE): Wassana production restart
Valeura Energy (TSX: VLE): Wassana production restart
- Through advanced underwater inspection, including magnetic particle inspection, Valeura has concluded that the observed anomaly (a crack within a weld) on the Wassana MOPU is superficial, and accordingly does not constitute a risk to the structural integrity of the facility.
- Valeura has begun the process of restarting production operations and anticipates achieving pre-suspension oil production rates of ~5,000 bbl/d within a week.
- Valeura is looking to accelerate the redevelopment of the Wassana field.
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