CALGARY, ALBERTA--(Marketwired - April 13, 2017) - Peyto Exploration & Development Corp. ("Peyto") (TSX:PEY)
declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates
indicated.
| Dividend Amount per Common Share |
Record Date |
Ex-Dividend Date |
Payment Date |
| $0.11 |
April 30, 2017 |
April 26, 2017 |
May 15, 2017 |
| $0.11 |
May 31, 2017 |
May 29 2017 |
June 15, 2017(*) |
| $0.11 |
June 30, 2017 |
June 28, 2017 |
July 14, 2017 (*) |
| (*) Dividends are at the discretion of the Board of Directors and subject to change. |
Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.
Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America's most exciting energy
companies. The website also includes the President's monthly report, which discusses various topics chosen by the President
and includes estimates of monthly capital expenditures and production. For further information please contact:
Certain information set forth in this document, including management's assessment of Peyto's future plans and operations,
contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and
uncertainties, some of which are beyond these parties' control, including the impact of general economic conditions, industry
conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks,
competition from other industry participants, the lack of availability of qualified personnel or management, stock market
volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the
assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to
be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Peyto's actual results,
performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and,
accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or
occur, or if any of them do so, what benefits that Peyto will derive therefrom. The Toronto Stock Exchange has neither
approved nor disapproved the information contained herein.