Velo Energy Announces Director's Resignation



    /NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA/

    CALGARY, June 18 /CNW/ - Velo Energy Inc. (TSX VENTURE EXCHANGE: VLO)
("Velo" or the "Company") announced today that Michael Clarke has resigned as
a director of the Company.

    About Velo Energy Inc.

    Velo is an emerging oil and gas company engaged in the exploration for,
development and production of natural gas and oil in the western sedimentary
basin.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.





For further information:

For further information: Jack Muir, Director, Velo Energy Inc., 710, 400
- 5th Avenue S.W., Calgary, AB, T2P 0L6, Tel: (604) 891-8782

Organization Profile

VELO ENERGY INC.

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