CALGARY, May 4, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual Meeting (the "Meeting") held on May 4, 2017. The webcast of the Meeting is available on ARC's website at www.arcresources.com.

During the business proceedings at the Meeting, ARC's shareholders approved the following resolutions:

1.    Resolution to appoint eleven board members, with 98.80% to 99.86% of shares represented at the meeting voting in favour of individual directors as follows:

2.   Resolution to appoint PricewaterhouseCoopers LLP, Independent Registered Chartered Accountants, as the Corporation's auditors, with 99.85% of the shares represented at the meeting voting in favour of the resolution.

3.    Resolution to accept the Corporation's approach to Executive Compensation (Say on Pay) as disclosed in ARC's 2017 Information Circular - Proxy Statement, with 96.51% of shares represented at the meeting voting in favour of the advisory resolution.

ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $6.5 billion.  ARC's common shares trade on the TSX under the symbol ARX.

ARC RESOURCES LTD.

Myron M. Stadnyk
President and Chief Executive Officer

SOURCE ARC Resources Ltd.

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