News Column

Penn West Announces Voting Results from the 2014 Annual General Meeting of Shareholders

June 6, 2014

ENP Newswire - 06 June 2014

Release date- 05062014 - CALGARY - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) is pleased to announce that at its Company's annual general meeting of shareholders held on June 4, 2014, Penn West's shareholders approved all resolutions outlined in the Notice of 2014 Annual General Meeting and Management Proxy Circular dated May 1, 2014.

Appointment of Auditor

By resolution passed by show of hands, KPMG LLP, Chartered Accountants, was appointed as auditor of Penn West for the ensuing year.

Non-Binding Advisory Vote on the Corporation's Approach to Executive Compensation

By resolution passed by ballot vote, an advisory resolution was passed to approve the Corporation's approach to executive compensation as outlined in the Information Circular.

Penn West is one of the largest conventional oil and natural gas producers in Canada. Our goal is to be the company that redefines oil & gas excellence in western Canada. Based in Calgary, Alberta, Penn West operates a significant portfolio of opportunities with a dominant position in light oil in Canada on a land base encompassing approximately five million acres.

Penn West shares are listed on the Toronto Stock Exchange under the symbol PWT and on the New York Stock Exchange under the symbol PWE.


Clayton Paradis


Investor Relations

Tel: 403-539-6343


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Source: ENP Newswire

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