Valeura Energy Releases 2023 Sustainability Report

CALGARY, Alberta, May 17, 2024– Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company“), an upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, announces the release of its 2023 sustainability report.

Sean Guest, President and CEO commented:

“I am very pleased to present Valeura Energy’s inaugural sustainability report, which highlights the deliberate steps we are taking to ensure the ongoing sustainability of our business. Preserving the environment, protecting the health and safety of our people, along with meeting our social and governance responsibilities are paramount to generating long-term value for all stakeholders. We take our responsibilities seriously, not only as compliance obligations and as a means to maintain our social and regulatory licence to operate, but also as part of our duty as a responsible provider of primary energy.”

Valeura’s sustainability report was approved by the Company’s Board of Directors, and has been made available on the Valeura website, under the Sustainability section. The Company has also published a report on its compliance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act (commonly referred to as Canada’s Modern Slavery Act) and has uploaded its latest annual report in accordance with Canada’s Extractive Sector Transparency Measures Act.

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Contact details for the Company’s advisors, covering research analysts and joint brokers, including Auctus Advisors LLP, Canaccord Genuity Ltd (UK), Cormark Securities Inc., Research Capital Corporation, Schachter Energy Report, and Stifel Nicolaus Europe Limited, are listed on the Corporation’s website at www.valeuraenergy.com/investor-information/analysts/.