CALGARY, ALBERTA--(Marketwired - May 15, 2015) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX:PPY) is pleased to announce the director election results from the 2015 Annual Meeting of Shareholders held on May 14, 2015 (the "Meeting"). Shareholders elected each of the nominees proposed by management as set forth in the information circular of the Corporation dated April 9, 2015. The results of the voting on the election of directors is set forth below.

Director NomineeOutcome of VoteVotes ForVotes Withheld
Kevin D. Angus Passed 63,619,632
(99.79		 %) 134,811
(0.21		 %)
Glenn R. Carley Passed 63,497,032
(99.60		 %) 257,411
(0.40		 %)
David W. Cornhill Passed 62,521,322
(98.07		 %) 1,233,121
(1.93		 %)
Nereus L. Joubert Passed 63,581,230
(99.73		 %) 173,213
(0.27		 %)
Lynn Kis Passed 63,706,293
(99.92		 %) 48,150
(0.08		 %)
Arthur J. G. Madden Passed 63,573,391
(99.72		 %) 181,052
(0.28		 %)
Patrick R. Ward Passed 63,704,493
(99.92		 %) 49,950
(0.08		 %)
Peter A. Williams Passed 63,711,043
(99.93		 %) 43,400
(0.07		 %)

Each of the directors elected at the Meeting will hold office until the close of the next annual meeting of shareholders of the Corporation. Painted Pony is pleased to welcome the two new directors, David W. Cornhill and Lynn Kis. After eight years of dedicated service as a director, Mr. Allan Ashton has retired from Painted Pony's Board. Mr. Patrick Ward said, "On behalf of the Board of Directors and the Executive team, I would like to thank Mr. Ashton for being a valuable and contributing member of Painted Pony's board since April 2007."

Detailed voting results for all resolutions considered by shareholders at the Meeting will be contained in the Report of Voting Results, which will be filed on SEDAR under Painted Pony's profile at www.sedar.com.

ABOUT PAINTED PONY

Painted Pony is a publicly-traded natural gas corporation based in Western Canada. The Corporation is primarily focused on the development of natural gas and natural gas liquids from the Montney formation in northeast British Columbia. Painted Pony's common shares trade on the Toronto Stock Exchange under the symbol "PPY".