Change of Executive Status

Calgary, September 1, 2022: Valeura Energy Inc. (TSX:VLE) (the “Company”), the upstream oil and gas company with assets in the Thrace Basin of Turkey and in the offshore Gulf of Thailand, announces that Gordon Begg, Vice President, Commercial will cease to be a named as an executive officer of the Company as of September 1, 2022. He will continue to support the Company in a part-time consulting role.


Sean Guest, President and CEO commented:

“Gord has been a fixture in our executive team for the past four years and we have all benefitted from his boundless energy and multi-disciplined skill set. As our Company transitions toward being a Southeast Asia-focused oil producer, Gord has chosen to transition to a consulting role for personal reasons.”


For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)                           +1 403 237 7102
Sean Guest, President and CEO
Heather Campbell, CFO

Valeura Energy Inc. (Capital Markets / Investor Enquiries)               +1 403 975 6752
Robin James Martin, Investor Relations Manager                                  +44 7392 940495

Auctus Advisors LLP (Corporate Broker to Valeura)                         +44 (0) 7711 627 449
Jonathan Wright

CAMARCO (Public Relations, Media Adviser to Valeura)                 +44 (0) 20 3757 4980
Owen Roberts, Billy Clegg


About the Company

Valeura Energy Inc. is a Canada-based public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Turkey, and is pursuing further inorganic growth in Southeast Asia.

Additional information relating to Valeura is also available on SEDAR at


This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This announcement is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.