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Waldron Energy Corporation Announces Election of Directors

CALGARY, ALBERTA -- (Marketwired) -- 05/24/14 -- Waldron Energy Corporation (TSX:WDN) ("Waldron" or the "Corporation") today announced that at its annual general and special meeting of shareholders held on May 21, 2014, each of the following five nominees was elected as a director of Waldron to serve until the next annual meeting of shareholders or until their successors are duly elected or appointed. The detailed results of the vote are set out below:

                                                     Votes                  
Nominee                Votes For       % For        Withheld     % Withheld 
-------------------- ------------- ------------- ------------- -------------
Ernie Sapieha          24,505,744      98.22        443,300         1.78    
Donald F. Archibald    24,505,694      98.22        443,350         1.78    
Thomas A. Budd         24,495,094      98.12        453,950         1.82    
David R. J. Lefebvre   24,505,094      98.22        443,950         1.78    
John E. Zahary         24,505,744      98.22        443,300         1.78    

For complete voting results, please see our Report of Voting Results which is posted under the Corporation's profile on SEDAR at www.sedar.com.

Investor Information

Waldron is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. The Corporation's common shares are currently listed on the Toronto Stock Exchange under the trading symbol "WDN". Additional information regarding Waldron is available under the Corporation's profile at www.sedar.com or at the Corporation's website, www.waldronenergy.ca.

Contacts:
Waldron Energy Corporation
Ernie Sapieha
President & CEO
[email protected]

Waldron Energy Corporation
Jeff Kearl
VP Finance & CFO
[email protected]

Waldron Energy Corporation
Murray Stodalka
Chief Operating Officer
[email protected]

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