NOTICE OF CONFERENCE CALL

NOTICE OF CONFERENCE CALL

Calgary, April 29, 2020: Valeura Energy Inc. (TSX:VLE, LSE:VLU) ("Valeura" or the "Company"), the upstream natural gas company focused on the Thrace Basin of Turkey, will announce its interim unaudited financial statements and operating results for the first quarter of 2020 before markets open on Tuesday, May 12, 2020.

The management team will host an investor and analyst call and question session at 9:00 a.m. Calgary (11:00 a.m Toronto, 4:00 p.m. London) the same day, Tuesday, May 12, 2019. A live audio feed of the call will be available via the webcast link below, and those interested in participating in the question session should use the dial-in numbers below. Please register approximately 15 minutes prior to the start of the call. The quarterly results will be made available on the Company's website at: www.valeuraenergy.com.

Event title: Valeura First Quarter 2020 Results Conference CallWebcast link: https://produceredition.webcasts.com/starthere.jsp?ei=1312681&tp_key=5a72d7796a Calgary dial-in: +1 587 880 2171Toronto dial-in: +1 416 764 8688North America toll-free: +1 888 390 0546UK toll-free: +44 0800 6522 435

For further information please contact:

Valeura Energy Inc. (General and Investor Enquiries) +1 403 237 7102Sean Guest, President and CEOHeather Campbell, CFORobin Martin, Investor Relations Manager [email protected], [email protected] 

Canaccord Genuity Limited (Joint Corporate Broker) +44 (0) 20 7523 8000Henry Fitzgerald-O'Connor, James Asensio

CAMARCO (Public Relations, Media Adviser) +44 (0) 20 3757 4980Owen Roberts, Monique Perks, Hugo Liddy, Billy Clegg[email protected] 

Additional information relating to Valeura is also available on SEDAR at www.sedar.com.

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.