10:46 AM EST - Painted Pony Energy Ltd. : Announced a 2019 capital program focused on preserving financial flexibility and maintaining capital discipline. Painted Pony's Board of Directors has approved a 2019 development capital budget which consists of: Investing between $95 million and $110 million of development capital approximately matching anticipated 2019 adjusted funds flow from operations, and; Delivering annual average daily production volume between 324 MMcfe/d (54,000 boe/d) and 336 MMcfe/d (56,000 boe/d). Painted Pony Energy Ltd.
shares T.PONY are trading down $0.06 at $1.37.
