12:00 PM EST - Painted Pony Petroleum Ltd. : said its fourth-quarter funds flow from operations or FFO improved significantly to $6.98 million or $0.16 per share from $2.89 million or $0.08 per share last year. Net earnings for the fourth quarter grew to $1.95 million or $0.05 per share from $250,000 or $0.01 in the prior-year period. Petroleum and natural gas revenue before royalties increased to $11.61 million from $5.66 million in the comparable period. Painted Pony Petroleum Ltd.
shares V.PPY.A are trading down $0.05 at $7.46.
