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Petrus Resources Ltd. Announces Results of Directors Vote

CALGARY, ALBERTA -- (Marketwired) -- 05/18/17 -- Petrus Resources Ltd. ("Petrus") (TSX:PRQ) is pleased to announce that the nominees listed in Petrus' information circular and proxy statement dated April 3, 2017 were elected as directors of Petrus at the annual meeting of shareholders held today (the "Meeting"). Detailed results of the vote for the election of directors are set out below.

On a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Petrus.

                                                                            
                    Outcome                              Votes              
Nominee             of Vote    Votes For     % For     Withheld   % Withheld
----------------  ----------  ----------  ----------  ----------  ----------
                                                                            
Neil Korchinski     Elected   21,849,409     99.20      175,376      0.80   
                                                                            
Don Gray            Elected   21,794,537     98.95      230,248      1.05   
                                                                            
Don Cormack         Elected   21,806,312     99.01      218,473      0.99   
                                                                            
Patrick Arnell      Elected   21,323,213     96.81      701,572      3.19   
                                                                            
Brian Minnehan      Elected   21,847,969     99.20      176,816      0.80   
                                                                            
Jeff Zlotky         Elected   21,864,204     99.27      160,581      0.73   
                                                                            
Stephen White       Elected   21,848,842     99.20      175,943      0.80   

ABOUT PETRUS

Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

Contacts:
Petrus Resources Ltd.
Neil Korchinski, P.Eng.
President and Chief Executive Officer
T: 403-930-0889
E: [email protected]

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