12:04 PM EST - Painted Pony Petroleum Ltd. : reported net income for the full year 2008 of $5.5 million or $0.16 per share, compared to $157,448 or $0.02 per share for the full year 2007. Funds flow from operations for the full year 2008 was $12.8 million or $0.38 per share, compared to $602,956 or $0.07 per share in 2007. Petroleum and natural gas revenue, before royalties, for the full year 2008 jumped to $20.63 million from $782,843 in the previous year. Painted Pony Petroleum Ltd.
shares V.PPY.A are trading up $0.02 at $2.60.
