CALGARY, ALBERTA -- (Marketwired) -- 05/05/15

Pursuant to its May 4, 2015 press release, Waldron Energy Corporation (TSX: WDN) is pleased to announce that it has closed the sale of its Strachan and Ricinus properties for gross proceeds of $12.3 million.

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
esapieha@waldronenergy.ca

Waldron Energy Corporation
Jeff Kearl
VP Finance & CFO
jkearl@waldronenergy.ca

Waldron Energy Corporation
Murray Stodalka
Chief Operating Officer
mstodalka@waldronenergy.ca