RCS - Valeura Energy Inc. - Valeura Energy Releases 2023 Sustainability Report

Stifel FinancialAnnouncement

17/05/2024 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240517:nRSQ8819Oa&default-theme=true

RNS Number : 8819O  Valeura Energy Inc.  17 May 2024

Valeura Energy Releases 2023 Sustainability Report

Calgary, 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/.

 

About the Corporation

Valeura Energy Inc. is a Canadian public company engaged in the exploration,
development and production of petroleum and natural gas in Thailand and in
Türkiye. The Corporation is pursuing a growth-oriented strategy and intends
to re-invest into its producing asset portfolio and to deploy resources toward
further organic and inorganic growth in Southeast Asia. Valeura aspires toward
value accretive growth for stakeholders while adhering to high standards of
environmental, social and governance responsibility.

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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEAKSXFEELEEA