Painted Pony Announces Director Appointment of International LNG Expert, Elizabeth Spomer

CALGARY, April 2, 2019 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX:PONY) is pleased to announce that effective April 2, 2019, Ms.  Elizabeth (Betsy) Spomer has been appointed to the Painted Pony Board of Directors.

Ms. Spomer has over 25 years of experience in large-scale, global LNG projects.  Currently Ms. Spomer is a director of Chart Industries Inc., an international company providing LNG equipment and services.  From 2014 to 2018, she served as President and CEO of Jordan Cove LNG LLC ("Jordan Cove").  From 2017 to 2018, Ms. Spomer served as Senior Vice President, LNG of Pembina Pipelines Corporation ("Pembina") and from 2014 to 2017 she served as Executive Vice President of Veresen Inc. ("Veresen").  Veresen and its wholly owned subsidiary, Jordan Cove, were acquired by Pembina in 2017.  Ms. Spomer held various senior executive roles of BG Group plc from 2002 to 2014, including Senior Vice President, Global Business Development, CEO of BG LNG Services and Senior Vice President, Business Development – Americas and Global LNG Region.  Previously, Ms. Spomer was Vice President of Asia Pacific Global LNG with BP plc in Hong Kong.  From 1989 to 1998 she held senior positions with Amoco Production Company.  Ms. Spomer holds a MBA with a concentration in International Business from the University of Colorado.

Mr. Pat Ward, President and CEO of Painted Pony commented on Ms. Spomer's appointment, "Ms. Spomer brings more that 25 years of LNG expertise to Painted Pony.  She will be a great asset to the Corporation as we continue positioning Painted Pony to be a supplier for LNG projects as Canada prepares to begin exporting clean natural gas to the world".

ABOUT PAINTED PONY

Painted Pony is a publicly-traded natural gas company 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 TSX under the symbol "PONY".

SOURCE Painted Pony Energy Ltd.

Patrick R. Ward, President and Chief Executive Officer, [phone]; Stuart W. Jaggard, Chief Financial Officer, [phone]; Jason W. Fleury, Director, Investor Relations, [phone]; [phone] Main, 1-866-975-0440 Toll Free, [email protected], www.paintedpony.ca

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http://paintedpony.ca/