Veraz Petroleum Announces Management Changes


CALGARY, ALBERTA--(Marketwire - July 31, 2012) - Veraz Petroleum Ltd. ("Veraz") (NEX:VRZ.H) announces that Gerardjan (Oppe) Cosijn (President and CEO), Colin Christie (VP Finance and CFO) and David (Case) Caulfield (VP Exploration) have each resigned as employees and officers of Veraz effective as of July 31, 2012. Mr. Cosijn will continue as a director of Veraz.

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Contact Information:

Veraz Petroleum Ltd.
Paul Baay
Chairman of the Board
(403) 619-8407

Veraz Petroleum Ltd.
200, 209 8th Avenue SW,
Calgary, Alberta, Canada T2P 1B8