Mr. Sean Guest reports

VALEURA ENERGY INC. ANNOUNCES THAILAND TO PRIORITISE DOMESTIC ENERGY SUPPLY

Valeura Energy Inc. has acknowledged that Thailand's Ministry of Energy has, by way of a press release, requested that domestic oil producers co-operate in supporting national energy security in Thailand, in light of disruptions to the normal supply of oil from the Middle East region. This request includes postponing any planned downtime of oil production facilities and temporarily suspending crude oil exports.

Valeura is seeking further clarification from the Ministry of Energy to ensure compliance with the request and to continue supporting Thailand's economy with domestically produced energy. Valeura anticipates that this new government action will not interfere with the company's continuing operations in Thailand, and production is continuing as usual and in accordance with Valeura's high standards for health, safety and environmental stewardship.

Thailand's local network of crude oil purchasers constitutes a viable market for Valeura's crude oil and includes both refiners and blenders that have direct experience with the company's particular crude oil streams. Typically, approximately one-third of Valeura's oil is sold into the domestic Thai market, and, from time to time, each of Valeura's oil streams has been sold within the domestic market.

Thailand is a net importer of oil, with approximately 92 per cent of its daily crude oil requirements coming from foreign sources, predominantly the Middle East region (2025 data, Energy Policy and Planning Office, Ministry of Energy). Thailand has issued similar requests in response to geopolitical developments in the past to support national energy security by temporarily mandating that domestically-produced petroleum remains within Thailand. Valeura is well versed in responding to such requests and intends to comply to support Thailand's energy needs.

About Valeura Energy Inc.

Valeura Energy is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Turkey. The company is pursuing a growth-oriented strategy and intends to reinvest in 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.

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