TIDMVLU

RNS Number : 6795H

Valeura Energy Inc.

07 December 2020

VALEURA ANNOUNCES DIRECTOR / PDMR SHARE DEALING

Calgary, December 7, 2020 : Valeura Energy Inc. (TSX:VLE, LSE:VLU) (the "Company"), an upstream oil and gas company with assets in the Thrace Basin of Turkey, announces that its Non-Executive Director, James McFarland has advised the Company that a person closely associated with him has purchased a total of 50,000 common shares of no par value in the capital of the Company at an average price of C$0.497 per share (approximately GBP0.289 per share) on the Toronto Stock Exchange on December 4(th) , 2020.

For further information please contact:

   Valeura Energy Inc. (General and Investor Enquiries)                    +1 403 237 7102 

Sean Guest, President and CEO

Heather Campbell, CFO

Robin Martin, Investor Relations Manager

Contact@valeuraenergy.com , IR@valeuraenergy.com

   Auctus Advisors LLP (Corporate Broker)                                        +44 (0) 7711 627 449 

Jonathan Wright

Valeura@auctusadvisors.co.uk

   CAMARCO (Public Relations, Media Adviser)                                +44 (0) 20 3757 4980 

Owen Roberts, Billy Clegg, Monique Perks, Hugo Liddy

Valeura@camarco.co.uk

This announcement contains inside information as defined in EU Regulation No. 596/2014 and is in accordance with the Company's obligations under Article 17 of that Regulation.

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.

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END

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December 07, 2020 02:00 ET (07:00 GMT)

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