Painted Pony Energy Ltd.

Painted Pony Energy Ltd. is pleased to announce fourth quarter and full-year 2019 financial and operating results, year-end 2019 reserves, 2020 first-half capital spending, and anticipated future reductions to transportation, processing, and general and administrative expenses . HIGHLIGHTS Reduced bank debt at 2019 year end by 26% or $43 million to $120 million when compared to 2018 year-end bank debt of $163 million [...]

https://youtu.be/K8ImRm37hIg The View from the C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange.  Videos provide insight into how company executives think in the current business environment.  To see the latest View from the C-Suite videos visit www.tmxmoney.com/en/news/csuite.html)  About Painted Pony Energy Ltd. Painted Pony is a [...]

Painted Pony Energy Ltd. is pleased to announce the closing of the previously announced asset sale of a 75% working interest in 11,280 gross acres in the northeast British Columbia Montney for cash consideration of $45 million. The Asset Sale acreage totals approximately 4% of Painted Pony’s total Montney acreage prior to closing. As at closing and net of the cash proceeds from the Asset Sale, Painted Pony’s [...]

Painted Pony Energy Ltd. is pleased to announce the Corporation's total credit capacity remains at $397 million, positive longer lateral well tests, and third quarter 2019 financial and operating results. RECENT HIGHLIGHTS: Announced the sale of a 75% working interest in a block of 100% Painted Pony-owned 11,280 gross acres for cash consideration of $45 million and which is expected to close on November 8, 2019 [...]

Painted Pony Energy Ltd. is pleased to announce that it has entered into a definitive agreement to sell a 75% working interest in 11,280 gross acres in the north east British Columbia Montney for cash consideration of $45 million. The proposed transaction is expected to close on or about October 31, 2019. The proposed transaction is subject to closing conditions. The acreage outlined in the proposed transaction totals [...]

 Painted Pony Energy Ltd. 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 [...]

70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference  The oil and gas companies presenting at EnerCom's 24th annual The Oil & Gas Conference® are largely independent exploration and production companies developing oil and gas assets. The conference affords oil and gas analysts, portfolio managers, family offices and other buyside investors an [...]

 Painted Pony Energy Ltd. is pleased to announce the results from the 2019 Annual General and Special Meeting of Shareholders held on May 9, 2019 . 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 [...]

CALGARY, May 1, 2019 /CNW/ - Painted Pony Energy Ltd. 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 , compared to $46.6 million during the first [...]

Painted Pony Energy Ltd. is pleased to announce that effective April 2, 2019, Ms.  Elizabeth Spomer has been appointed to the Painted Pony Board of Directors. Ms. Spomer has over 25 years of experience in large-scale, global LNG projects.  Currently Ms. Spomer is a director of Chart Industries Inc., an international company providing LNG equipment and services.  From 2014 to 2018, she served as President and CEO of Jordan [...]