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Peyto Confirms Dividends for Third Quarter 2013 and Announces Retirement of Director

Peyto Confirms Dividends for Third Quarter 2013 and Announces Retirement of 
Director 
CALGARY, ALBERTA -- (Marketwired) -- 07/15/13 -- Peyto Exploration &
Development Corp. (TSX:PEY) ("Peyto") 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
----------------------------------------------------------------------------
$0.08                 July 31, 2013      July 29, 2013       August 15, 2013
$0.08               August 31, 2013    August 28, 2013 September 13, 2013(i)
$0.08            September 30, 2013 September 26, 2013   October 15, 2013(i)
----------------------------------------------------------------------------
                                                                            
(i) 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. 
Mr. Rick "Buck" Braund, co-founder and director of Peyto, has
announced his retirement from the board of Peyto to pursue other
opportunities. Chairman and fellow co-founder Don Gray commented: 
"When Buck and I founded Peyto 15 years ago, neither one of us could
have imagined what an incredible journey it would be. We have both
been very fortunate to work with great people while at Peyto. On
behalf all shareholders, employees, and directors of Peyto, I would
like to thank Buck for all his contributions to Peyto's success. All
of us at Peyto wish Buck nothing but the best in his future
endeavors." 
Peyto's plans for 2013 are ongoing, including the largest organic
capital program in the company's 15 year history. 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. 
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.
Contacts:
Peyto Exploration & Development Corp.
Darren Gee
President and Chief Executive Officer
(403) 237-8911
(403) 451-4100 (FAX)
www.peyto.com