The Montney: A Premier North American Natural Gas Play

Painted Pony is focused on the development of natural gas and natural gas liquids production from the Montney resource play in northeastern British Columbia, Canada. The Montney is one of North America’s premier natural gas resource plays, larger in scope and with similar future potential as the Marcellus play of the northeastern United States.

The Montney formation exceeds 300 meters (approximately 1,000 feet) in total thickness over Painted Pony lands. It is a highly over-pressured reservoir, leading to an internally estimated volume of more than 250 billion cubic feet of original gas-in-place per square mile. These large gas volumes provide Painted Pony with the opportunity to economically develop up to five independent layers within the Montney zone and up to four wells per layer over its 314 net sections. The Company’s high working interest, contiguous land block covers 201,009 net acres of Montney rights.

Painted Pony’s Montney gas is free of H2S with high heat content and no associated water production. In addition, the Company’s properties are positioned in close proximity to current and planned gas processing and pipeline infrastructure to both North American domestic markets, allowing the Company to show strong, consistent production growth since 2007. In addition, Painted Pony has entered into a 20-year strategic alliance with AltaGas Ltd., which provides for additional natural gas processing, marketing and egress solutions.

Painted Pony maintains a conservative balance sheet, which provides the Company with excellent flexibility in responding to changing industry conditions and commodity price fluctuations.

Painted pony properties and facilities

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Technology

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Emergency Phone: 1-888-775-0440

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

24-HOUR EMERGENCY CONTACT

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 PETROLEUM 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