Valeura Announces Voting Results

CALGARY, May 15, 2014 /CNW/ - Valeura Energy Inc. ("Valeura" or the "Corporation") (TSX: VLE) is pleased to provide the voting results from its annual and special meeting of shareholders held on May 15, 2014.

Shareholders voted on and approved the following proposals: (1) the appointment of KPMG LLP as the auditors of the Corporation; (2) the election of the directors of the Corporation; (3) the approval of the amended and restated by-law no. 1 of the Corporation incorporating, among other things, advance notice provisions; (4) the approval of all unallocated options under the Corporation's stock option plan; and (5) the approval of all unallocated performance share units under the Corporation's performance share unit plan.

The voting results for the election of directors are as follows:

  Total Votes   % of Votes Cast
Nominee For Withheld Total   For Withheld
William T. Fanagan 18,132,050 140,500 18,272,550   99.23 0.77
Abdel F. Badwi 18,238,350 34,200 18,272,550   99.81 0.19
Claudio A. Ghersinich 18,132,050 140,500 18,272,550   99.23 0.77
James D. McFarland 18,132,450 140,100 18,272,550   99.23 0.77
Kenneth D. McKay 18,238,350 34,200 18,272,550   99.81 0.19
Ronald W. Royal 18,238,350 34,200 18,272,550   99.81 0.19


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

Additional information relating to Valeura is also available on SEDAR at

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.

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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