CALGARY, May 29, 2018 /CNW/ - Valeura Energy Inc.
(TSX:VLE) ("Valeura" or the "Company") announces that it will be
hosting an Investor Day today, where the management team will share
their insight into doing business in Turkey, the geologic background of the Basin
Centered Gas Accumulation ("BCGA") and related development
considerations, and a preview of the Company's upcoming
operations.
"Engaging with investors, analysts, and advisors is a real
pleasure for our management team," commented Sean Guest, President and CEO. "Just
before we head into a major activity phase to begin testing and
appraisal drilling, we wanted to help the investment community
paint a full picture of the potential value we see in the
BCGA."
All presented materials, including additional technical detail
on the BCGA, have been made publicly available on the Company's
corporate website at www.valeuraenergy.com.
About the Company
Valeura Energy Inc. is a Canada-based public company currently engaged
in the exploration, development and production of petroleum and
natural gas in Turkey.
Forward-Looking Statements and Cautionary Statements
This press release contains certain forward-looking statements
within the meaning of applicable securities law. Forward-looking
statements typically contains statements with words such as
"anticipate", estimate", "expect", "target", "potential", "could",
"should", "would" or similar words suggesting future outcomes.
Forward-looking statements in this press release includes
information with respect to the potential value of the BCGA and the
appraisal program regarding the Company's unconventional gas
discovery in Turkey and the timing
thereof. Forward-looking statements are based on the current
expectations and opinions of management at the date the statements
are made and are subject to a variety of risks and uncertainties
and other factors that could cause the actual results differ
materially from that projected in the forward-looking statements.
They are made as of the date hereof and are subject to change and
the Company assumes no obligation to revise or update them to
reflect new circumstances, except as required by law. The Company
cautions readers and prospective investors in the Company's
securities to not place undue reliance on forward-looking
statements, as by nature, they are based on current expectations
regarding future events that involve a number of assumptions,
inherent risks and uncertainties, which could cause actual results
to differ materially from those anticipated by the Company. A
number of risk factors could cause actual results to differ
materially from those anticipated by the Company, including but not
limited to risks associated with the oil and natural gas industry,
risks associated with negotiating with foreign governments as well
as country risk associated with conducting international
activities, and other factors, many of which are beyond the control
of the Company. The material risk factors affecting the Company and
its business are contained in the Company's AIF which is available
under Valeura's issuer profile on SEDAR at www.sedar.com.
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.
SOURCE Valeura Energy Inc.