Paramount Resources Ltd. Announces Director Election Results From Its 2015 Annual Meeting of Shareholders

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Paramount Resources Ltd. ("Paramount") (POU.TO) announces that at its annual meeting of shareholders held on May 7, 2015 the following nine director nominees were elected:

NOMINEE	VOTES FOR				VOTES WITHHELD
	Number		Percent (%)		Number		Percent (%)
CLAYTON RIDDELL	86,907,335		98.41%		1,408,235		1.59%
JAMES RIDDELL	86,032,552		97.41%		2,283,170		2.59%
JAMES BELL	83,481,660		94.53%		4,833,910		5.47%
THOMAS CLAUGUS	87,114,843		98.64%		1,200,727		1.36%
JOHN GORMAN	83,384,018		94.42%		4,931,552		5.58%
DIRK JUNGE	87,843,393		99.47%		472,177		0.53%
DAVID KNOTT	87,833,400		99.45%		482,170		0.55%
SUSAN RIDDELL ROSE	83,652,202		94.72%		4,663,368		5.28%
JOHN ROY	83,023,046		94.01%		5,292,524		5.99%

Also, the re-appointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation was approved.

	VOTES FOR				VOTES WITHHELD
	Number		Percent (%)		Number		Percent (%)
	89,588,607		99.48%		494,460		0.52%

In addition, all unallocated options under Paramount's Stock Option Plan were authorized and approved.

	VOTES FOR				VOTES AGAINST
	Number		Percent (%)		Number		Percent (%)
	68,285,182		77.32%		20,030,377		22.68%

Paramount is a Canadian oil and natural gas exploration, development and production company with operations focused in Western Canada. Paramount's Class A Common Shares are listed on the Toronto Stock Exchange under the symbol "POU".