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Report on Voting From the 2019 Shareholders Meeting

CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- (TSX - NVA) NuVista Energy Ltd. ("NuVista") announces that the following matters were approved at the annual meeting of the shareholders of NuVista held on May 7, 2019 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated March 22, 2019 (the "Circular").

1.         Fixing the Number of Directors

By resolution passed via ballot, the number of directors to be elected at the meeting was fixed at nine members. The results of the ballot were as follows:

 Votes For Percent Votes Against   Percent
 181,874,562 98.59% 2,597,717 1.41%

2.         Election of Directors

By resolution passed via ballot, the following nine nominees were appointed as directors of NuVista to serve until the next annual meeting of shareholders of NuVista, or until their successors are elected or appointed. The results of the ballot were as follows:

Name of Nominee Votes For Percent Votes
Withheld
 Percent
         
Keith A. MacPhail 174,493,295 94.59%   9,978,984 5.41%
Ronald J. Eckhardt 183,328,006 99.38%   1,144,273 0.62%
Pentti O. Karkkainen 177,999,020 96.49%   6,473,259 3.51%
Ronald J. Poelzer 171,904,196 93.19% 12,568,083 6.81%
Brian G. Shaw 183,316,399 99.37%   1,155,880 0.63%
Sheldon B. Steeves 179,554,177 97.33%   4,918,102 2.67%
Deborah S. Stein 182,183,364 98.76%   2,288,915 1.24%
Jonathan A. Wright 181,397,655 98.33%   3,074,624 1.67%
Grant A. Zawalsky 139,515,041 75.63% 44,957,238 24.37%

3.         Appointment of Auditors

By resolution passed via ballot, KPMG LLP, Chartered Professional Accountants, were appointed as auditors of NuVista to hold office until close of the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:

 Votes For Percent Votes Withheld   Percent
 184,891,642 99.65% 649,742 0.35%

4.         Non-Binding Advisory Resolution on Executive Compensation

By advisory resolution passed via ballot, NuVista's approach to executive compensation was approved. The results of the ballot were as follows:

 Votes For Percent Votes Against   Percent
 181,581,530 98.43% 2,890,749 1.57%

INVESTOR INFORMATION

NuVista is an independent Canadian oil and natural gas exploration, development and production corporation with its Common Shares trading on the Toronto Stock Exchange under the symbol “NVA”.

FOR FURTHER INFORMATION CONTACT:

Jonathan A. Wright Ross L. Andreachuk Mike J. Lawford
President and CEO VP, Finance and CFO Chief Operating Officer
(403) 538-8501 (403) 538-8539 (403) 538-1936
2500, 525 8th Ave SW
Calgary, Alberta T2P 1G1
Phone: (403) 538-8500
Fax: (403) 538-8505
24 Hour Emergency Call-In24 Hour Emergency Call-In
1-403-538-8500
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