Mr. Grant Fagerheim reports

WHITECAP RESOURCES INC. ANNOUNCES RESULTS OF SHAREHOLDERS' MEETING

All matters presented for approval at Whitecap Resources Inc.'s annual meeting of shareholders, held today, have been fully authorized and approved. A total of 232,666,690 common shares, representing 39.60 per cent of Whitecap's issued and outstanding common shares, were voted in connection with the meeting.

At the meeting, by ordinary resolution, the number of directors to be elected at the meeting was fixed at nine. The results of the ballot were as follows.

Votes for (percentage):  231,727,805 (99.60 per cent)

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 as shown in the attached table.

PricewaterhouseCoopers LLP was appointed as the 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 follows.

Votes for (percentage):  226,324,154 (97.27 per cent)

At the meeting, an ordinary resolution to approve certain amendments to Whitecap's award incentive plan and to approve common shares issuable pursuant to unallocated awards thereunder was approved. The results of the ballot were as follows.

Votes for (percentage):  215,984,784 (96.59 per cent)

In addition, a non-binding advisory resolution concerning Whitecap's approach to executive compensation was approved. The results of the ballot were as follows.

Votes for (percentage):  216,960,158 (97.02 per cent)

About Whitecap Resources Inc.

Whitecap is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Its business is focused on profitable production growth combined with sustainable dividends to shareholders. Its objective is to fully finance its capital expenditures and dividend payments within funds flow.