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January 31, 2018 Painted Pony Announces Fourth Quarter Production, Operational Update and Executive Departures
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce preliminary 2017 fourth quarter average daily production volumes, an update on first quarter 2018 field operations as well as changes to the executive team. Production Daily production volumes for the fourth quarter of 2017 averaged approximately 315 MMcfe/d (52,500 boe/d), based on preliminary results, and included approximately 9% liquids or approximately 4,500 Bbls/d.  These production volumes are consistent with previous guidance range of 306 MMcfe/d (51,000 boe/d) to 318 MMcfe/d (53,000 boe/d) provided in the December 14, 2017 press release.  Production volumes during the fourth quarter of 2017 were impacted by approximately 48 MMcfe/d (8,000 boe/d) of voluntary pricing-related production shut-ins. Daily production volumes to-date during January 2018 averaged more than 360 MMcfe/d (60,000 boe/d), based on field estimates and included approximately 5,200 Bbls/d of liquids or...
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January 2, 2018 Painted Pony Completes Amalgamation With UGR Blair Creek and Painted Rock Resources
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) announces that effective January 1, 2018 the Corporation completed an amalgamation with its two wholly-owned subsidiaries, UGR Blair Creek Ltd. and Painted Rock Resources Ltd. , pursuant to Sections 181 and 184(1) of the Business Corporations Act ( Alberta ). 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 "PONY". SOURCE Painted Pony Energy Ltd. Patrick R. Ward, President and CEO, (403) 475-0440; W. Derek Aylesworth, Senior Vice President and CFO, (403) 475-0440; Jason W. Fleury, Director, Investor Relations, (403) 776-3261, ir@paintedpony.ca, www.paintedpony.ca...
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December 14, 2017 Painted Pony announces fully-funded 2018 capital budget
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) announces a 2018 capital program focused on preserving financial flexibility and reducing balance sheet leverage ratios, while delivering annual average daily production volume growth of more than 45% over anticipated 2017 annual average daily production volumes. 2018 CAPITAL BUDGET The 2018 Painted Pony capital budget shall limit capital investment to approximately match internally generated cash flow. Continued growth in operations combined with modest capital spending plans based on strip pricing (1) underscores Painted Pony's commitment to cost discipline and capital efficiency. Painted Pony's Board of Directors has approved a 2018 development capital budget which consists of: Investing $185 million of development capital; Targeting year-end 2018 net debt to annualized fourth quarter cash flow ratio of approximately 1.6x – 1.7x based on consensus pricing(2); Growing annual average daily production...
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PAINTED PONY ENERGY LTD.

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Call 1-888-775-0440 to report concerns regarding any of Painted Pony’s field operations. This is for EMERGENCIES ONLY and does not connect to Painted Pony’s head office.

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