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July 31, 2019 Painted Pony Announces Operational Update, Updated 2019 Capital Budget, Executive Changes, and Second Quarter Financial and Operating Results
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) announces an operations update, an updated 2019 capital budget, executive changes, and second quarter 2019 financial and operating results. HIGHLIGHTS: Invested $52 million of capital during the first half of 2019 which was $4 million less than first half 2019 adjusted funds flow from operations of $56 million; Delivered over 800 bbls/d of propane during the second quarter of 2019 through the Ridley Island Propane Export Terminal to markets overseas, achieving a 275% premium over the domestic market price; Returned natural gas liquids yield to 9.2% of total production volumes during the second quarter of 2019 from 8.0% during the first quarter of 2019, the result of a resolution of average daily production volume liquids allocation procedures at the Townsend facility; Realized natural gas prices represented a 61% premium over the AECO daily (5A) price during the second quarter of 2019, and a premium of...
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May 10, 2019 Painted Pony Announces Results from 2019 Annual General and Special Meeting of Shareholders
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce the results from the 2019 Annual General and Special Meeting of Shareholders held on May 9, 2019 (the " Meeting "). ELECTION OF DIRECTORS Shareholders elected each of the nominees proposed by management as set forth in the information circular of the Corporation dated March 21, 2019.  The results of the voting on the election of directors is set forth below. Director Nominee Outcome of Vote
Percentage of Votes For Percentage of Votes Withheld Kevin D. Angus Passed
98.76% 1.24% Paul J. Beitel Passed
99.23% 0.77% Glenn R. Carley Passed
98.55% 1.45% Joan E. Dunne Passed
98.99% 1.01% Nereus L. Joubert Passed
99.03% 0.97% Lynn Kis Passed
99.06% 0.94% Elizabeth G. Spomer Passed
99.12% 0.88% George W. Voneiff Passed
99.14% 0.86% Patrick R. Ward Passed
99.14% 0.86% Each of the directors elected at the meeting will hold...
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May 1, 2019 Painted Pony Maintains Credit Capacity and Reduces Net Debt by $55 million, Announces First Quarter Financial and Operating Results
Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce first quarter financial and operating results. HIGHLIGHTS: Maintained total credit capacity of $400 million; Reduced bank debt by approximately $55 million at the end of the first quarter of 2019 compared to the first quarter of 2018; Generated adjusted funds flow from operations of $46.5 million ($0.29 per share basic), compared to $46.6 million ($0.29 per share basic) during the first quarter of 2018; Invested $37 million of capital during the first quarter of 2019, approximately $10 million less than adjusted funds flow from operations; Increased net income (loss) before income taxes and unrealized gain (loss) on risk management contracts by 29% to $22 million ($0.14/share) during the first quarter of 2019 compared to $17 million ($0.10/share) during the first quarter of 2018; Realized an average natural gas price of $3.24/Mcf, 24% higher than the average AECO 5A daily spot price...
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PAINTED PONY ENERGY LTD.

1200, 520 3 Avenue SW Calgary, Alberta T2P 0R3 P: 403 475-0440 F: 403 238-1487 TF: 1-866-975-0440 E: info@paintedpony.ca