Perpetual Energy Inc. Announces Election of Directors

CALGARY, May 21, 2014 /CNW/ - (TSX: PMT) - Perpetual Energy Inc. ("Perpetual") is pleased to announce that the nominees listed in the management proxy circular dated April 1, 2014 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:

Nominee Votes For % For Votes Withheld % Withheld
Clayton H. Riddell 66,198,573 98.91 729,234 1.09
Susan L. Riddell Rose 66,317,218 99.09 610,589 0.91
Karen A. Genoway 66,334,920 99.11 592,887 0.89
Randall E. Johnson 66,408,983 99.22 518,824 0.78
Robert A. Maitland 66,281,980 99.04 645,827 0.96
Geoffrey C. Merritt 66,249,044 98.99 678,763 1.01
Donald J. Nelson 66,355,006 99.14 572,801 0.86
Howard R. Ward 66,299,749 99.06 628,058 0.94

Perpetual Energy Inc. is a Canadian energy company with a spectrum of resource-style opportunities spanning heavy oil, NGL and bitumen along with a large base of shallow gas assets. Perpetual's shares and convertible debentures are listed on the Toronto Stock Exchange under the symbol "PMT", "PMT.DB.D" and "PMT.DB.E", respectively. Further information with respect to Perpetual can be found at its website at www.perpetualenergyinc.com.

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

SOURCE Perpetual Energy Inc.

For further information:

Perpetual Energy Inc.
Suite 3200, 605 - 5 Avenue SW Calgary, Alberta, Canada T2P 3H5
Telephone: 403 269-4400  Fax: 403 269-4444 Email: info@perpetualenergyinc.com 

Susan L. Riddell Rose 
President and Chief Executive Officer

Cameron R. Sebastian 
Vice President, Finance and Chief Financial Officer

Claire A. Rosehill 
Investor Relations and Business Analyst