Pacific Announces Annual Meeting Voting Results

TORONTO, May 31, 2017 /PRNewswire/ - Pacific Exploration & Production Corporation (TSX: PEN) ("Pacific" or the "Company") today held its annual meeting of shareholders (the "Meeting"), where each of the six nominees proposed as directors and listed in the Company's management proxy circular dated April 17, 2017 were elected as directors. A total of 33,796,928 common shares were voted in respect of the election of directors at the Meeting, representing 67.59% of the votes attaching to all outstanding common shares. The directors achieved an average approval vote of 98.03% from shareholders. 

The detailed results of the vote are set out below:

About Pacific:

Pacific is a Canadian public company and a leading explorer and producer of natural gas and crude oil, with operations focused in Latin America. The Company has a diversified portfolio of assets with interests in more than 30 exploration and production blocks in Colombia and Peru. The Company's strategy is focused on sustainable growth in production & reserves and cash generation. Pacific is committed to conducting business safely, in a socially and environmentally responsible manner.

The Company's common shares trade on the Toronto Stock Exchange under the ticker symbol "PEN".

SOURCE Pacific Exploration and Production Corporation