investors

Painted Pony Announces Grant of Stock Options

12/12/2013

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) announces that pursuant to the terms and conditions of its incentive stock option plan, it has granted, in the aggregate, 1,692,500 incentive stock options to purchase Common Shares of Painted Pony (the "Options") to certain of its directors, officers, employees and consultants. Subject to vesting, the Options are exercisable over a five year period at an exercise price of $6.44 per share, with one-third vesting immediately, one-third vesting in one year, and the remaining one-third vesting in two years.

Painted Pony is a Canadian oil and natural gas exploration company that trades on the Toronto Stock Exchange under the symbol "PPY".

The information contained herein is for information purposes only and is not an invitation to purchase securities listed on the Toronto Stock Exchange. TMX Group Inc. and its affiliates do not endorse or recommend any securities referenced. Neither TMX Group Inc. nor its affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. You should not rely on the information contained herein for any trading, business or financial purposes. TMX Group Inc. and its affiliates assume no liability for any errors or inaccuracies herein or any use or reliance upon this information.

Contact Information

Painted Pony Petroleum Ltd.
Patrick R. Ward
President & CEO
(403) 475-0440

Painted Pony Petroleum Ltd.
John H. Van de Pol
Vice President, Finance & CFO
(403) 475-0440
(403) 238-1487 (FAX)
www.paintedpony.ca

Emergency Phone: 1-888-775-0440

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

Whistleblower Hotline

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 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