Perpetual Energy Inc. Announces Election of Directors

CALGARY, May 24, 2017 /PRNewswire/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce that the nominees listed in the management proxy circular dated April 4, 2017 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. 

Election of Directors

On a vote by ballot, each of the following eight nominees proposed by management was elected as a director of Perpetual:

Appointment of Vice President, Finance & CFO

Perpetual is pleased to announce that Mark Schweitzer has been appointed to the position of Vice President, Finance and Chief Financial Officer. Mark has extensive finance, accounting and capital markets experience as a senior executive in a number of organizations over the past twenty-five years, including Norcen Energy, Superior Plus, CE Franklin and most recently Grizzly Oil Sands.

Conference Call and Webcast

The live webcast and presentation from the annual meeting may be replayed at the following link:  http://event.on24.com/r.htm?e=1400177&s=1&k=E09B54B2F1DEE5FD025214104CD3EFEA.

About Perpetual

Perpetual is an oil and natural gas exploration, production and marketing company headquartered in Calgary, Alberta. Perpetual operates a diversified asset portfolio, including liquids-rich natural gas assets in the deep basin of west central Alberta, heavy oil and shallow natural gas in eastern Alberta, with longer term opportunities through undeveloped oil sands leases in northern Alberta. Additional information on Perpetual can be accessed at www.sedar.com or from the Corporation's website at www.perpetualenergyinc.com.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

SOURCE Perpetual Energy Inc.