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Baytex Reports Election of Directors

CALGARY, ALBERTA -- (Marketwired) -- 05/15/14 -- Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) reports that the nominees listed in its Information Circular-Proxy Statement for the 2014 Annual and Special Meeting of Shareholders were elected as directors. Detailed results of the vote for the election of directors held at the Annual and Special Meeting on Thursday, May 15, 2014 are set out below.

                                  Votes For              Votes Withheld     
                           ------------------------ ------------------------
Name of Nominee                        #         %              #         % 
-------------------------- ------------- ---------- ------------- ----------
James L. Bowzer               68,358,398     96.94%     2,158,466      3.06%
John A. Brussa                51,934,933     73.65%    18,581,931     26.35%
Raymond T. Chan               67,755,565     96.08%     2,761,299      3.92%
Edward Chwyl                  70,233,176     99.60%       283,688      0.40%
Naveen Dargan                 70,222,404     99.58%       294,460      0.42%
R.E.T. (Rusty) Goepel         70,328,299     99.73%       188,565      0.27%
Gregory K. Melchin            70,342,600     99.75%       174,264      0.25%
Mary Ellen Peters             70,285,392     99.67%       231,472      0.33%
Dale O. Shwed                 66,834,297     94.78%     3,682,567      5.22%

For complete voting results, please see our Report of Voting Results which will be available shortly through SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml.

Baytex Energy Corp. is a dividend-paying oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Williston Basin in the United States. Approximately 89% of Baytex's production is weighted toward crude oil. Baytex pays a monthly dividend on its common shares which are traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE. The subscription receipts issued by Baytex to fund a portion of the purchase price for Aurora Oil & Gas Limited trade on the Toronto Stock Exchange under the symbol BTE.R.

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