VETRA Confirms Expiry of Offer for Shares of Suroco Energy Inc.

CALGARY, July 23, 2014 /CNW/ - Vetra Acquisition Ltd. ("VETRA"), a wholly-owned subsidiary of VETRA Holding S.a.r.l., today announced that its offer (the "Offer") to purchase all of the issued and outstanding common shares of Suroco Energy Inc. ("Suroco") expired at 5:00 p.m. (Calgary time) on July 22, 2014 and at such time the conditions of the Offer were not met.  VETRA confirmed that it will not take up Suroco shares deposited under the Offer and that any Suroco shares so deposited will be returned to Suroco shareholders.

SOURCE Vetra Acquisition Ltd.

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