CALGARY, Alberta, May 17, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") announces that, at its annual and special meeting of shareholders held May 16, 2019, the seven nominees set out in the Company's information circular dated April 5, 2019 were elected as directors. Detailed voting results on the election of each nominee are set out below.
Director Nominee
Votes For
Percent
Votes Withheld
Percent
Patrick McDonald (Chair)
80,760,615
80.2
19,886,883
19.8
Terence (Tad) Flynn
80,787,403
80.3
19,860,095
19.7
Tim Granger
81,160,577
80.6
19,486,921
19.4
Derek Petrie
80,987,170
80.5
19,660,328
19.5
William Roach
80,769,518
80.2
19,877,980
19.8
Ajay Sabherwal
80,788,091
80.3
19,859,391
19.7
Rob Wonnacott
80,788,441
80.3
19,859,041
19.7
About Prairie Provident
Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta. The Company's strategy is to grow organically in combination with accretive acquisitions of conventional oil prospects, which can be efficiently developed. Prairie Provident's operations are primarily focused at the Michichi and Princess areas in Southern Alberta targeting the Banff, the Ellerslie and the Lithic Glauconite formations, along with an established and proven waterflood project at our Evi area in the Peace River Arch. Prairie Provident protects its balance sheet through an active hedging program and manages risk by allocating capital to opportunities offering maximum shareholder returns.
For further information, please contact:
Prairie Provident Resources Inc. Tim Granger President and Chief Executive Officer Tel: (403) 292-8110 Email: tgranger@ppr.ca website: www.ppr.ca
Source: GlobeNewswire
(May 17, 2019 - 10:30 AM EDT)