Valeura holds an operated 70% working interest in Licence G1/48 containing the Manora oil field, which produces medium-weight sweet crude oil from reservoirs of Miocene age. The field contains 2.9 million bbls of 2P oil reserves on a gross (before royalties) working interest share basis.*
The field was developed by wells drilled from a single fixed wellhead and processing platform tied to a Valeura-owned Floating Storage and Offloading vessel.
The remaining 30% interest in the licence is held by TIS Energy.
* Reserves and resources estimates are based on an independent third party reserves and resources assessment by Netherland, Sewell & Associates, Inc. as of 31 December 2025 and more fully described in the Company’s 10 February 2026 announcement.
