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Valeura Appoints New Non-Executive Director

28/03/2019

Valeura Energy Inc., the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey, is pleased to announce the appointment of Ms. Kimberley Wood as an independent Director of Valeura, effective March 26, 2019.

Ms. Wood has over 18 years’ experience as a legal professional and specialist in the oil and gas sector plus international oil and gas board experience.

Tim Marchant, Chairman of the Board commented:
“We’re delighted to welcome Kim to the board. I believe her background as a distinguished oil and gas lawyer with significant international transactional experience is an excellent fit with our current board. As we continue to pursue our strategy to appraise our unconventional gas resource in Turkey, while at the same time expanding our capital markets reach with a planned additional listing in the UK, the appointment of Ms. Wood as an independent director compliments and further strengthens our board’s commitment to a high standard of corporate governance practices and effective decision making.”

Ms. Wood is a legal professional with 18 years’ experience and a specialist in the oil and gas sector. Most recently, she was Head of Oil and Gas for the Europe, Middle East and Africa region at Norton Rose Fulbright LLP and remains a senior consultant for the firm. Throughout her career, she has advised a wide range of companies in the sector, from small independents through to supermajors. She is included as an expert in Energy and Natural Resources in the 2018 “Expert Guide” series and Women in Business Law, 2018 and is a member of the Advisory Board to the City of London Geological Forum. In addition to this new role as an independent Director of Valeura, Ms. Wood is an independent Director of Africa Oil Corp., an E&P company listed on the TSX and Nasdaq OMX, and an independent Director of Gulf Keystone Resources Ltd., an E&P company listed on the LSE.

KeyFacts Energy: Turkey country page   l   Link to Valeura Energy Turkey country profile

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