Valeura Energy Inc. announced Kelvin Tang has joined Valeura as Executive Vice President of Corporate, General Counsel, and Corporate Secretary. Mr. Tang has worked in the international oil and gas industry for over 18 years. Prior to joining Valeura, he was most recently the Head of Business Development of Hibiscus Petroleum and before that, the CEO of KrisEnergy, a Singapore-listed predecessor company to Valeura's initial interests in Thailand.

Prior to his CEO role, Mr. Tang served as KrisEnergy's Chief Operating Officer and, preceding that, their General Counsel. Previous roles included General Counsel at Pearl Energy and Aabar Petroleum (which was acquired by Mubadala), as well as various legal and investment-oriented positions earlier in his career. Ian Warrilow has joined Valeura as Thailand Country Manager and will be based in Bangkok.

Dr. Warrilow has built extensive international oil and gas experience over a 30-year career spanning operational, technical and commercial roles in Australia, Europe and Southeast Asia. Prior to joining Valeura he was Chief Operating Officer with Energy Development Oman, and prior to that, he held several leadership positions with Mubadala Petroleum, including President and Country Manager in Indonesia and Business Director in Thailand. His career began with Shell International, where he held a variety of technical and commercial roles in Australia, Brunei and the Netherlands.

Heather Campbell, Valeura's incumbent Chief Financial Officer, has elected to remain in Canada and to seek new opportunities outside Valeura, leaving the Company on May 15, 2023. The Company has established an executive leadership office in Singapore, which the management feels provides optimal access to the Thailand business while remaining central within the Southeast Asia region, thereby supporting the Company's further inorganic growth ambitions within the region. The executive leadership team, including Sean Guest, President and Chief Executive Officer, will be based in Singapore.

Valeura intends to maintain an office presence in Canada to facilitate ongoing investor access to the business and maintain key relationships within Canada.