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Painted Pony Energy Ltd (PONY.TO)

PONY.TO on Toronto Stock Exchange

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26 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Painted Pony Maintains Credit Capacity And Reduces Net Debt By $55 Million
Wednesday, 1 May 2019 

May 1 (Reuters) - Painted Pony Energy Ltd ::PAINTED PONY MAINTAINS CREDIT CAPACITY AND REDUCES NET DEBT BY $55 MILLION, ANNOUNCES FIRST QUARTER FINANCIAL AND OPERATING RESULTS.PAINTED PONY ENERGY LTD - Q1 2019 AVERAGE DAILY PRODUCTION VOLUMES WERE 326 MMCFE/D INCREASE OF 4% OVER Q4.PAINTED PONY ENERGY LTD - QTRLY LOSS PER SHARE $0.02.PAINTED PONY ENERGY LTD - QTRLY ADJUSTED FUNDS FLOW FROM OPERATIONERS $0.27 PER SHARE.PAINTED PONY ENERGY LTD - QTRLY PETROLEUM AND NATURAL GAS REVENUE $107.7 MILLION VERSUS $100.8 MILLION.  Full Article

Painted Pony Announces Fully-Funded 2019 Capital Budget
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Painted Pony Petroleum Ltd PPY.TO::PAINTED PONY ANNOUNCES FULLY-FUNDED 2019 CAPITAL BUDGET.PAINTED PONY ENERGY - 2019 PLAN CONSISTS OF DELIVERING ANNUAL AVERAGE DAILY PRODUCTION VOLUME BETWEEN 324 MMCFE/D & 336 MMCFE/D.PAINTED PONY ENERGY - INVESTING BETWEEN $95 MILLION AND $110 MILLION OF DEVELOPMENT CAPITAL APPROXIMATELY MATCHING ANTICIPATED 2019 ADJUSTED FUNDS FLOW FROM OPERATIONS.2019 CAPITAL PROGRAM WILL BE FULLY FUNDED BY INTERNALLY GENERATED ADJUSTED FUNDS FLOW FROM OPERATIONS.PAINTED PONY ENERGY - NATURAL GAS LIQUIDS DURING 2019 ARE EXPECTED TO AVERAGE ABOUT 9% OF TOTAL PRODUCTION VOLUMES.ABOUT 61% OF 2019 FORECASTED NGL PRODUCTION HEDGED AT AVERAGE PRICE OF $70.68/BBL.  Full Article

Painted Pony Qtrly Loss Per Share $0.09
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Painted Pony Energy Ltd ::PAINTED PONY GROWS THIRD QUARTER PRODUCTION BY 38% AND ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATIONAL RESULTS.PAINTED PONY ENERGY LTD - INCREASED Q3 2018 AVERAGE DAILY PRODUCTION BY 38% TO 350.0 MMCFE/D (58,330 BOE/D).PAINTED PONY ENERGY LTD - GREW QTRLY LIQUIDS PRODUCTION BY 37% TO 5,248 BBLS/D.PAINTED PONY ENERGY LTD QTRLY LOSS PER SHARE $0.09.PAINTED PONY ENERGY LTD QTRLY PETROLEUM AND NATURAL GAS REVENUE $90.2 MILLION VERSUS $50.0 MILLION.PAINTED PONY ENERGY LTD QTRLY ADJUSTED FUNDS FLOW FROM OPERATION PER SHARE DILUTED $0.18.PAINTED PONY ENERGY - AS A RESULT OF OCT. 9 INCIDENT ON T-SOUTH PIPELINE SYSTEM, CO'S QTRLY NATURAL GAS PRODUCTION VOLUMES WERE IMPACTED.PAINTED PONY ENERGY LTD SEES ADJUSTED 2018 ANNUAL PRODUCTION VOLUME GUIDANCE OF 339 MMCFE/D (56,500 BOE/D) AND 348 MMCFE/D (58,000 BOE/D).PAINTED PONY ENERGY - DUE TO TRANSPORTATION INTERRUPTIONS RESULTING FROM T-SOUTH INCIDENT, CO SEES Q4 PRODUCTION VOLUMES TO BE BETWEEN 303-312 MMCFE/D.  Full Article

Painted Pony Energy Ltd Appoints Stuart Jaggard CFO
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Painted Pony Energy Ltd ::PAINTED PONY ANNOUNCES 6.9 TCFE OF PROVED PLUS PROBABLE RESERVES, RECORD ANNUAL PRODUCTION AND ADJUSTED FUNDS FLOW FROM OPERATIONS, AND 2017 YEAR-END FINANCIAL AND OPERATING RESULTS.PAINTED PONY ENERGY LTD - INCREASED ADJUSTED FUNDS FLOW FROM OPERATIONS DURING Q4 BY 33% TO $35 MILLION.PAINTED PONY ENERGY LTD - STUART JAGGARD, VICE PRESIDENT, FINANCE, IS APPOINTED CHIEF FINANCIAL OFFICER OF CO ON MARCH 7, 2018.  Full Article

Painted Pony quarterly ‍funds flow from operations $0.18 per share
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Painted Pony Energy Ltd ::Painted pony announces record current production, further gas market diversification, increased credit facilities, and third quarter 2017 financial and operating results.Painted pony energy ltd qtrly ‍funds flow from operations $0.18 per share​.Says ‍current production of approximately 360 MMCFE/D (60,000 BOE/D)​.Says ‍Painted Pony has secured commitments to increase corporation's syndicated credit facilities to $450 million from $400 million​.Says Co chose to shut in about 130 MMCFE/D (22,000 BOE/D) in Oct, but began ramping up production in late Oct with higher prices​.Says continues to expect annual production volumes for 2017 to average between 261 MMCFE/D and 276 MMCFE/D ​.  Full Article

Painted Pony announces updated 2017 capital budget and 2018 development plans
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Painted Pony Energy Ltd :Painted Pony announces updated 2017 capital budget and 2018 development plans.Painted Pony Energy Ltd - ‍combined $72 million reduction to 2017 capital budget​.Painted Pony Energy Ltd - ‍2018 development plan comprised of a $33 million reduction in 2017 and a $39 million reduction in 2018​.Painted Pony Energy Ltd - ‍expected 2017 annual average daily production to be between 261 MMcfe/d (43,500 boe/d) and 276 MMcfe/d (46,000 boe/d)​.Painted Pony Energy Ltd - ‍anticipated 2018 annual average daily production to be between 411 MMcfe/d (68,500 boe/d) and 432 MMcfe/d (72,000 boe/d)​.Painted Pony - ‍revised 2017 capital budget of $314 million is about 10% lower than $347 million capital budget disclosed by Painted Pony on March 15​.Painted Pony Energy Ltd - ‍has four rigs currently running with an expectation to drill a total of 50 net wells in 2017​.Painted Pony Energy-2017 annual production guidance being influenced by about 6 MMcfe/d of voluntary production shut-ins due to low natural gas prices​.Painted Pony Energy-production volumes during Q4 2018 expected to average between 462 MMcfe/d (77,000 boe/d) and 480 MMcfe/d (80,000 boe/d).  Full Article

Painted Pony enters into an investment agreement with Magnetar Capital
Thursday, 10 Aug 2017 

Aug 9 (Reuters) - Painted Pony Energy Ltd -:Painted Pony announces strategic financing, executive appointment, record production volumes, and second quarter 2017 financial and operating results.Entered into an investment agreement with Magnetar Capital.Qtrly earnings per share $0.10.Magnetar capital agreed to invest c$200 million in co, consisting of c$150 million of notes and c$50 million of debentures.Qtrly funds flow from operations $0.13/share.  Full Article