Mr. Grant Fagerheim reports

WHITECAP RESOURCES INC. ANNOUNCES RESULTS OF SHAREHOLDERS' MEETING

All matters presented for approval at the annual and special meeting of shareholders of Whitecap Resources Inc. held today were fully authorized and approved. A total of 190,116,141 common shares, representing 60.47 per cent of Whitecap's issued and outstanding common shares, were voted in connection with the meeting.

At the meeting, all of the nominees proposed as directors were duly elected as directors of Whitecap with a majority of votes cast by the shareholders present or represented at the meeting.

             VOTING RESULTS FOR ELECTION OF DIRECTORS
  
Name of nominee             Shares voted for           (Percentage)

Grant B. Fagerheim               184,569,682               (97.61%)
Gregory S. Fletcher              167,875,261               (88.78%)
Daryl H. Gilbert                 144,373,584               (76.35%)
Glenn A. McNamara                183,588,830               (97.09%)
Stephen C. Nikiforuk             188,155,160               (99.50%)
Kenneth S. Stickland             186,144,645               (98.44%)
Grant A. Zawalsky                168,416,870               (89.07%)

In addition, PricewaterhouseCoopers LLP was appointed as auditor of Whitecap to hold office until the next annual meeting, and the directors were authorized to fix its remuneration. The results of the ballot were as set out in the attached voting results for auditor table.

   VOTING RESULTS FOR AUDITOR

Shares voted for    (Percentage)

188,798,794             (93.31%)          

In addition, the reduction of the stated capital account of the common shares of Whitecap by $1.8-billion to be effective as of April 28, 2016, was approved. The results of the ballot were as set out in the attached voting results for reduction of stated capital table.

       VOTING RESULTS FOR REDUCTION 
            OF STATED CAPITAL

Shares voted for              (Percentage)

188,112,516                       (98.95%)         

In addition, the issuance of common shares that may be issuable pursuant to unallocated time-based awards and performance-based awards under Whitecap's 2013 award incentive plan until April 28, 2019, was approved. The results of the ballot were as summarized in the attached voting results for issuance of common shares.

  VOTING RESULTS FOR ISSUANCE 
        OF COMMON SHARES

Shares voted for      (Percentage)

166,162,977               (87.87%)