May 17, 2019

Prairie Provident Announces Election of Directors

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Calgary, Alberta – May 17, 2019 – 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