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Valeura Energy Releases 2023 Sustainability Report

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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.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries) +65 6373 6940
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com
Valeura Energy Inc. (Investor Enquiries) +1 403 975 6752 / +44 7392 940495
Robin James Martin, Vice President, Communications and Investor Relations
IR@valeuraenergy.com
CAMARCO (Public Relations, Media Adviser to Valeura) +44 (0) 20 3757 4980
Owen Roberts, Billy Clegg
Valeura@camarco.co.uk

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/.