Jan 31 (Reuters) - Painted Pony Energy Ltd ::PAINTED PONY ANNOUNCES Q4 PRODUCTION, OPERATIONAL UPDATE AND EXECUTIVE DEPARTURES.DAILY PRODUCTION VOLUMES FOR Q4 OF 2017 AVERAGED APPROXIMATELY 315 MMCFE/D.PAINTED PONY ENERGY - PRODUCTION VOLUMES DURING Q4 IMPACTED BY APPROXIMATELY 48 MMCFE/D (8,000 BOE/D) OF VOLUNTARY PRICING-RELATED PRODUCTION SHUT-INS.Q1 2018 DAILY PRODUCTION VOLUMES ARE EXPECTED TO AVERAGE BETWEEN 360 MMCFE/D (60,000 BOE/D) AND 370 MMCFE/D (62,000 BOE/D).SAYS DEREK AYLESWORTH, CFO HAS ADVISED CORPORATION THAT HE WILL RESIGN, EFFECTIVE MARCH 7, 2018,.LIQUIDS VOLUMES FOR 2018 ARE EXPECTED TO AVERAGE APPROXIMATELY 9% AND DELIVER BETWEEN 5,200 BBLS/D AND 5,500 BBLS/D.SAYS EFFECTIVE MARCH 7, 2018, STUART JAGGARD, VICE PRESIDENT, FINANCE, WILL BE APPOINTED INTERIM CFO.PAINTED PONY- 2018 ANNUAL AVERAGE DAILY PRODUCTION GUIDANCE REMAINS UNCHANGED.
Full Article
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