Valeura Energy Inc. Announces Director/PDMR Dealing

CALGARY, AB / ACCESSWIRE / May 17, 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, announces that one of its Directors, Russell Hiscock, has advised the Company that he purchased a total of 10,000 common shares of no par value (“Common Shares”) in the capital of the Company at an average price of C$2.50 per share (approximately £1.45/share) on the Toronto Stock Exchange.

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

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit
www.rns.com.

SOURCE: Valeura Energy Inc.

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