Dec 17 (Reuters) - Painted Pony Petroleum Ltd PPY.TO :
* PAINTED PONY ANNOUNCES FULLY-FUNDED 2019 CAPITAL BUDGET
* PAINTED PONY ENERGY - 2019 PLAN CONSISTS OF DELIVERING ANNUAL AVERAGE DAILY PRODUCTION VOLUME BETWEEN 324 MMCFE/D & 336 MMCFE/D
* PAINTED PONY ENERGY - INVESTING BETWEEN $95 MILLION AND $110 MILLION OF DEVELOPMENT CAPITAL APPROXIMATELY MATCHING ANTICIPATED 2019 ADJUSTED FUNDS FLOW FROM OPERATIONS
* 2019 CAPITAL PROGRAM WILL BE FULLY FUNDED BY INTERNALLY GENERATED ADJUSTED FUNDS FLOW FROM OPERATIONS
* PAINTED PONY ENERGY - NATURAL GAS LIQUIDS DURING 2019 ARE EXPECTED TO AVERAGE ABOUT 9% OF TOTAL PRODUCTION VOLUMES
* ABOUT 61% OF 2019 FORECASTED NGL PRODUCTION HEDGED AT AVERAGE PRICE OF $70.68/BBL
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