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Company News

BRIEF-‍Painted Pony Announces Fully-Funded 2018 Capital Budget​

Painted Pony Energy Ltd:

* PAINTED PONY ANNOUNCES FULLY-FUNDED 2018 CAPITAL BUDGET

* GROWING ANNUAL AVERAGE DAILY PRODUCTION VOLUME BY OVER 45% IN 2018

* INVESTING $185 MILLION OF DEVELOPMENT CAPITAL IN 2018

* - TARGETING YEAR-END 2018 NET DEBT TO ANNUALIZED Q4 CASH FLOW RATIO OF APPROXIMATELY 1.6X - 1.7X BASED ON CONSENSUS PRICING Source text for Eikon: Further company coverage:

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