Painted Pony is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. and including FirstEnergy Capital Corp., Canaccord Genuity Corp., RBC Capital Markets, TD Securities Inc., AltaCorp Capital Inc., CIBC World Markets Inc., Scotia Capital Inc. and National Bank Financial Inc. under which the Underwriters have agreed to purchase for resale to the public [...]
Painted Pony is pleased to announce a recent acquisition of northeast British Columbia Montney land and third quarter 2014 financial and operating results from its Montney natural gas growth initiatives. At the November 5, 2014 British Columbia Crown land sale Painted Pony acquired 14.5 sections of 100% working interest prospective Montney land for $66.8 million. The land acquired consists of 3,710 hectares or 9,275 acres [...]
Painted Pony is pleased to announce three senior appointments to support Painted Pony's continued growth as a Western Canadian natural gas and natural gas liquids company focused on the Montney formation in northeast British Columbia. Painted Pony also announces the retirement of an officer of the company. Stuart Jaggard, Vice-President & Controller. Mr. Jaggard has joined the company's executive team as Vice-President [...]
CALGARY, ALBERTA--(Marketwired - Sep 24, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony") (TSX:PPY) is pleased to announce the following executive appointment: Mark Polak has been appointed as Director, Investor Relations, effective September 22, 2014. Mr. Polak is a CFA® charterholder with more than 10 years of capital markets experience, covering Canadian oil and gas companies. Mr. Polak was previously Director, Oil [...]
CALGARY, ALBERTA--(Marketwired - Sep 11, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to announce that it will be presenting at the FirstEnergy Global Energy Conference taking place September 15-16, 2014 at the Intercontinental London Park Lane in London, UK. Mr. Patrick R. Ward, President & CEO, is scheduled to present on September 15th, 2014 at 11:50 AM BST (4:50 AM MST). To [...]
CALGARY, ALBERTA--(Marketwired - Aug 25, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to announce that, further to its press release dated August 19, 2014, the Company has closed a private placement of common shares with AltaGas Ltd. ("AltaGas"), for total cash consideration of approximately $50 million (the "Private Placement"). In connection with the strategic alliance [...]
CALGARY, ALBERTA--(Marketwired - Aug 19, 2014) - AltaGas Ltd. ("AltaGas") (TSX:ALA) and Painted Pony Petroleum Ltd. ("Painted Pony") (TSX:PPY) today announced they have signed definitive agreements to enter into a 15-year strategic alliance for the development of processing infrastructure and marketing services for natural gas and natural gas liquids (the "Strategic Alliance"). The Strategic Alliance will provide for the [...]
CALGARY, ALBERTA--(Marketwired - Aug 12, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to announce its record second quarter 2014 financial and operating results from its organic Montney natural gas growth initiatives. Highlights for the second quarter of 2014 as compared to the second quarter of 2013 include: 90% increase in average production volumes to 15,029 barrels of [...]
Painted Pony Petroleum is pleased to announce that, further to its press release dated July 7, 2014, the Company has closed the sale of its southeast Saskatchewan assets, which has an effective date of June 1, 2014, for a total cash consideration of $100 million plus interim adjustments. Painted Pony is now a highly focused Montney natural gas and natural gas liquids producer, concentrating on unlocking the value within [...]
Painted Pony Petroleum is pleased to announce that it has entered into a definitive purchase and sale agreement to sell all of the Company's exploration and production assets in Saskatchewan. The Assets and Transaction include: fully-funded cash purchase price of $100 million, before customary closing adjustments, with an effective date of June 1, 2014 and an expected closing date on or before July 30, 2014;
CALGARY, ALBERTA--(Marketwired - May 16, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX:PPY) announced today that the nominees listed in the Corporation's Information Circular dated April 9, 2014 were elected as directors of the Corporation at its annual general meeting held May 15, 2014. By resolution the following six nominees were elected as directors of the Corporation to serve until [...]
CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to present its first quarter 2014 financial and operating results. In addition, Painted Pony announces an increase to its 2014 production forecast based on recent Montney natural gas well performance. The Company is also increasing its 2014 capital program in response to the improved outlook [...]