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May 3, 2018 Painted Pony Announces Record First Quarter Production, Financial and Operating Results
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce that during the first quarter of 2018 record adjusted funds flow from operations and record production volumes were achieved, marking a significant milestone in the growth of the Corporation. HIGHLIGHTS: Increased adjusted funds flow from operations by 87% to a record $46.4 million ($0.29 per share basic), compared to $24.8 million ($0.25 per share basic) during the first quarter of 2017; Increased production by 69% to a record 364 MMcfe/d (60,703 boe/d) of which 9% was natural gas liquids, compared to 215 MMcfe/d (35,878 boe/d) during the first quarter of 2017; Grew liquids production by 78% to 5,614 bbls/d, of which 44% was high-value condensate, compared to 3,149 bbls/d during the first quarter of 2017; Invested $78.1 million of capital during the first quarter of 2018, approximately $16 million less than previous spending guidance of $94 million during the first quarter of 2018;...
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April 17, 2018 Painted Pony announces discovery well test results on Beg block in northeast British Columbia
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce significant discovery test results for the first Montney horizontal well drilled on the Beg block (the " Well "). This production test provided early flow data and liquids yields, and increases Painted Pony's confidence in the potential of this block. Beg Well Test Results Painted Pony drilled an upper Montney horizontal test well to a vertical depth of 1,800 meters and a lateral length of 2,267 meters. During the final 8 hours of the 6.6 day test period, the Well averaged an estimated rate over 2,000 boe/d including 10 MMcf/d of natural gas and an estimated 360 bbls/d of liquids (60% condensate and 40% NGLs) based on well head condensate plus calculated gas plant liquids recoveries from gas analysis. The flowing pressure of the Well at the conclusion of the test period was 1,625 psi through a 5/8 inch choke. At the conclusion of the test period, Painted Pony had recovered...
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April 6, 2018 Painted Pony Announces Participation in the Scotiabank CAPP Energy Symposium
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce participation in the Scotiabank CAPP Energy Symposium taking place at the Delta Hotel located at 75 Lower Simcoe Street , Toronto, Ontario on Tuesday and Wednesday, April 10 and 11, 2018. Mr. Pat Ward, President and CEO of Painted Pony, will be presenting at 3:20pm (EST) Tuesday April 10, 2018 in the Kensington Ballroom at the Delta Hotel. Painted Pony will be undertaking a series of meetings with institutional investors while at this conference. Interested parties are invited to view the Corporation's investor presentation on Painted Pony's website, www.paintedpony.ca ABOUT PAINTED PONY Painted Pony is a publicly-traded natural gas company based in Western Canada.  The Corporation is primarily focused on the development of natural gas and natural gas liquids from the Montney formation in northeast British Columbia.  Painted Pony's common shares trade on the TSX under the symbol...
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PAINTED PONY ENERGY LTD.

Suite 1800, 736 – 6th Avenue SW Calgary, AB T2P 3T7 P: 403 475-0440 F: 403 238-1487 TF: 1-866-975-0440 E: info@paintedpony.ca