Mr. Sean Guest reports

VALEURA ENERGY RELEASES 2023 SUSTAINABILITY REPORT

Valeura Energy Inc. has released 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 6940Sean Guest, President and CEOYacine Ben-Meriem, CFOContact@valeuraenergy.com

Valeura Energy Inc. (Investor Enquiries) +1 403 975 6752 / +44 7392 940495Robin James Martin, Vice President, Communications and Investor RelationsIR@valeuraenergy.com

CAMARCO (Public Relations, Media Adviser to Valeura) +44 (0) 20 3757 4980Owen Roberts, Billy CleggValeura@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 Turkiye. 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.