Valeura Announces Board Appointment

CALGARY, April 15, 2015 /CNW/ - Valeura Energy Inc. ("Valeura" or the "Corporation") (TSX: VLE) is pleased to announce the appointment of Dr. Tim Marchant to its Board of Directors.

Dr. Marchant brings more than 35 years of senior executive experience in the oil and gas industry in Canada and internationally, with extensive experience in international operations and foreign growth strategies. In a career that spanned 29 years with Amoco and BP, he held senior executive positions in Canada and a number of countries in the Middle East including Egypt, Saudi Arabia, Abu Dhabi and Kuwait. Dr. Marchant is currently Adjunct Professor of Strategy and Energy Geopolitics at the Haskayne School of Business, University of Calgary. He also serves as a non-executive director of Vermilion Energy Inc. and Cub Energy Inc.

Dr. Marchant has a Ph. D Geology, Trinity College, University of Dublin, Ireland. He has also completed the Executive Program at the Ivey School of Business, University of Western Ontario and the Institute of Corporate Directors Education Program.

Bill Fanagan, Chairman of the Board of Valeura said, "We are delighted to welcome Tim to the Valeura team. His expertise and international experience, particularly in Turkey and the Middle East, will be a terrific complement to the skills of our Board and its strategic focus in this part of the world."


Valeura Energy Inc. is a Canada-based public company currently engaged in the exploration, development and production of petroleum and natural gas in Turkey.

Additional information relating to Valeura is also available on SEDAR at  

SOURCE Valeura Energy Inc.

For further information: Jim McFarland, President and CEO, Valeura Energy Inc., (403) 930-1150,; Steve Bjornson, CFO, Valeura Energy Inc., (403) 930-1151,;


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