Aug 10 (Reuters) - Painted Pony Energy Ltd PONY.TO :
* PAINTED PONY ENTERS INTO AGREEMENT TO BE ACQUIRED BY CANADIAN NATURAL RESOURCES LIMITED
* PURCHASER AGREED TO ACQUIRE ALL SHARES OF CO FOR CASH CONSIDERATION OF $0.69 PER PAINTED PONY SHARE
* AGREEMENT PROVIDES FOR NON-COMPLETION FEE OF $20 MILLION IF TRANSACTION IS NOT COMPLETED OR IS TERMINATED
* PAINTED PONY ENERGY - ALL OF DIRECTORS AND EXECUTIVE OFFICERS OF PAINTED PONY ENTERED INTO SUPPORT AGREEMENTS AND HAVE AGREED TO SUPPORT TRANSACTION