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NOTICE OF FINANCIAL AND OPERATING RESULTS FOR THE SECOND QUARTER OF 2019 AND CONFERENCE CALL

Calgary, July 23, 2019: Valeura Energy Inc. (TSX:VLE, LSE:VLU) (“Valeura” or the “Company”), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey in partnership with Equinor, will announce its interim unaudited financial statements and operating results for the second quarter of 2019 before markets open on Monday August 12, 2019.

The management team will host an investor and analyst call and question session at 9:00 a.m. Calgary (11:00 a.m. Toronto, 4:00 p.m. London) the same day, Monday August 12, 2019.  A live audio feed of the call will be available via the webcast link below, and those interested in participating in the question session should use the dial-in numbers below.  Please register approximately 15 minutes prior to the start of the call.  The quarterly results will be made available on the Company’s website at: www.valeuraenergy.com.

Event title: Valeura Second Quarter 2019 Results Conference Call
Webcast link: https://event.on24.com/wcc/r/2047014/773994124484C6F8A38CAEB17B6BEA6F
Calgary dial-in: +1 587 880 2171
Toronto dial-in: +1 416 764 8688
North America toll-free: +1 888 390 0546
UK toll-free: +44 0800 6522435

For further information please contact:

Valeura Energy Inc. (General and Investor Enquiries)                       +1 403 237 7102
Sean Guest, President and CEO
Steve Bjornson, CFO
Robin Martin, Investor Relations Manager
Contact@valeuraenergy.com, IR@valeuraenergy.com

GMP First Energy (Financial Adviser and Corporate Broker)           +44 (0) 20 7448 0200
Jonathan Wright, Hugh Sanderson

Canaccord Genuity Limited (Joint Corporate Broker)                       +44 (0) 20 7523 8000
Henry Fitzgerald-O’Connor, James Asensio

CAMARCO (Public Relations, Media Adviser)                                   +44 (0) 20 3757 4980
Owen Roberts, Billy Clegg, Monique Perks, Thayson Pinedo
Valeura@camarco.co.uk

Additional information relating to Valeura is also available on SEDAR atwww.sedar.com.

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.