Painted Pony Energy Ltd. announced that Mr. Bruce Hall, Vice President, Land will retire effective February 28, 2018. Mr. Derek Aylesworth, Senior Vice President and Chief Financial Officer has advised the company that he will resign, effective March 7, 2018, to pursue other business opportunities. Mr. Aylesworth will assist the company in completing its year-end financial statement filing obligations prior to his departure.

Painted Pony has commenced a search for Mr. Aylesworth's replacement and will be considering both internal and external candidates. Effective March 7, 2018, Mr. Stuart Jaggard, Vice President, Finance, will be appointed Interim CFO of the company until a successor to Mr. Aylesworth is determined.