Painted Pony Energy Ltd. announced production results for the fourth quarter and year ended December 31, 2018. During the fourth quarter of 2018 Painted Pony maintained average daily production volumes of 315 MMcfe/d (52,453 boe/d) compared to fourth quarter 2017 production volumes of 315 MMcfe/d (52,544 boe/d).

For the year, the company reported daily production volumes of natural production of 316.5 MMcf/d compared to 235.8 MMcf/d a year ago. Natural gas liquids daily production volumes were 5,128 bbls/d compare to 3,587 bbls/d a year ago. Total daily production volumes were 347.3 MMcfe/d compared to 257.3 MMcfe/d a year ago. Total daily production volumes 57,879 boe/d compared to 42,882 boe/d a year ago.

Painted Pony remains well-positioned to deliver a 2019 capital program based on expected adjusted funds flow delivering between 3% and 7% lower forecasted annual average daily production volumes of between 324 MMcfe/d (54,000 boe/d) and 336 MMcfe/d (56,000 boe/d) compared to 2018 annual average daily production volumes of 347 MMcfe/d (57,879 boe/d).