Calgary, June 21, 2023: Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Corporation”), an upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to provide the voting results from its annual and special meeting of shareholders held on June 20, 2023.
Shareholders voted on and approved the following proposals: (1) the appointment of KPMG LLP as the auditors of the Corporation, (2) the election of the directors of the Corporation, (3) all unallocated options under the Corporation’s stock option plan, and (4) all unallocated performance share units and restricted share units under the Corporation’s performance and restricted share unit plan.
The voting results for the election of directors are as follows:
| Total Votes | % of Votes Cast | ||||
| Nominee | For | Withheld | Total | For | Withheld |
| Dr. W. Sean Guest | 26,882,855 | 1,702,812 | 28,585,667 | 94.04% | 5.96% |
| Dr. Timothy R. Marchant | 26,368,135 | 2,217,532 | 28,585,667 | 92.24% | 7.76% |
| James D. McFarland | 21,470,973 | 7,114,694 | 28,585,667 | 75.11% | 24.89% |
| Ronald W. Royal | 26,400,880 | 2,184,787 | 28,585,667 | 92.36% | 7.64% |
| Russell J. Hiscock | 26,364,485 | 2,221,182 | 28,585,667 | 92.23% | 7.77% |
| Kimberley K. Wood | 24,812,511 | 3,773,156 | 28,585,667 | 86.80% | 13.20% |
| Timothy N. Chapman | 26,823,423 | 1,762,244 | 28,585,667 | 93.84% | 6.16% |
About the Corporation
Valeura is a Canada-based public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Turkey.
Additional information relating to Valeura is also available on SEDAR at www.sedar.com and on the Corporation’s website at www.valeuraenergy.com.
For further information, please contact:
Valeura Energy Inc. (General Corporate Enquiries) +1 403 237 7102
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
Auctus Advisors LLP (Corporate Broker to Valeura) +44 (0) 7711 627 449
Jonathan Wright
Valeura@auctusadvisors.co.uk
CAMARCO (Public Relations, Media Adviser to Valeura) +44 (0) 20 3757 4980
Owen Roberts, Billy Clegg
Valeura@camarco.co.uk
This announcement does not contain inside information.
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.
