Off-market insider buying at Painted Pony Petroleum (T:PPY)

The following insiders purchased shares at a price of $5.600 through a prospectus or prospectus exempt offering on April 5th, 2017:

Director David Wallace Cornhill, acquired 104,000 Common Shares on a direct ownership basis. This represents a $582,400 investment into the company's shares and an account share holdings change of greater than 100%.

Senior Officer James D. Reimer acquired 25,000 Common Shares on a direct ownership basis and 10,000 Common Shares on a control or direction basis for registered holder Margaret M. Beresford. This represents a $196,000 investment into the company's shares and an account share holdings change of 59.5%.

CEO and Director Patrick Russell Ward acquired 35,000 Common Shares on a direct ownership basis. This represents a $196,000 investment into the company's shares and an account share holdings change of 3.2%.

Senior Officer Edwin Stewart Hanbury acquired 10,000 Common Shares on a direct ownership basis. This represents a $56,000 investment into the company's shares and an account share holdings change of 7.0%.

Director Joan Dunne acquired 9,000 Common Shares on a direct ownership. This represents a $50,400 investment into the company's shares and an account share holdings change of 60.0%.

Senior Officer Leo Barry McNamara acquired 7,000 Common Shares on a direct ownership basis. This represents a $39,200 investment into the company's shares and an account share holdings change of 6.7%.

Director Glenn Robert Carley acquired 5,000 Common Shares on an indirect ownership basis for registered holder rrsp gmp. This represents a $28,000 investment into the company's shares and an account share holdings change of 7.6%.

Senior Officer Bruce Hall acquired 5,000 Common Shares on a direct ownership basis. This represents a $28,000 investment into the company's shares and an account share holdings change of 7.1%.

CFO John Van de Pol acquired 5,000 Common Shares on a direct ownership basis. This represents a $28,000 investment into the company's shares and an account share holdings change of 4.0%.

Senior Officer Tonya Louise Fleming acquired 2,500 Common Shares on a direct ownership basis. This represents a $14,000 investment into the company's shares and an account share holdings change of 4.1%.

Director Nereus Joubert acquired 2,000 Common Shares on a direct ownership basis. This represents a $11,200 investment into the company's shares and an account share holdings change of 7.4%.

Director Lynn Kis acquired 1,700 Common Shares on a direct ownership basis. This represents a $9,520 investment into the company's shares and an account share holdings change of 4.4%.

Painted Pony Petroleum is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Painted Pony Petroleum Ltd. is a natural gas company in Western Canada. The Company's principal business activity is the exploration, development and production of petroleum and natural gas resources in western Canada. It is focused on the development of natural gas and natural gas liquids from the Montney formation in Northeast British Columbia. It has approximately 220 net sections of working interest Montney rights, which contains over 300 meters (approximately 1,000 feet) of over-pressured, gas-saturated pay. Its working interest, contiguous land block covers over 139,000 net acres of Montney rights. Its Montney gas is used for liquefied natural gas (LNG) exports. It has over 110 million cubic feet per day (MMcf/d) of existing processing capacity, including working interest facilities at Townsend and West Blair; an operating working interest facility at Daiber, and capacity at third-party owned and operated facilities. Painted Rock Resources Ltd. is the Company's subsidiary.