Painted Pony Petroleum Announces Executive Appointment

CALGARY, July 22, 2013 - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to announce the following executive appointment:

John Van de Pol has been appointed as the Company's Vice-President, Finance and Chief Financial Officer, effective September 3rd, 2013.

Mr. Van de Pol is a chartered accountant with more than 33 years of oil and gas industry experience. His impressive background includes successfully developing and executing innovative financial strategies for rapidly growing companies. John was previously Senior Vice-President and Chief Financial Officer of Northrock Resources Ltd., where he helped lead the company in its successful transition from a junior oil and gas company to an intermediate producer. Prior thereto, he was the Controller for Sceptre Resources Ltd. and, most recently, John was President and Chief Financial Officer of Rock Energy Inc.

As previously announced on May 23, 2013, Painted Pony's current Chief Financial Officer, Ms. Joan Dunne, has elected to retire. She will remain available to assist the Company in an advisory role to ensure a smooth transition.

In commenting on this appointment, Mr. Patrick Ward, President & CEO, said "I am very pleased to welcome John to Painted Pony. He represents a strong addition to our leadership team as we move forward to develop our aggressive growth plans."


Advisory

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain forward-looking information and forward-looking statements (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "potential", "expect", "may", "will", "project", "should", or similar words suggesting future outcomes. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect.



Contact

Painted Pony Petroleum Ltd.
Patrick R. Ward, President & CEO
(403) 475-0440
(403) 238-1487 (FAX)

Painted Pony Petroleum Ltd.
Joan E. Dunne, Vice President, Finance & CFO
(403) 475-0440
(403) 238-1487 (FAX)

Painted Pony Petroleum Ltd.
300, 602 - 12 Ave SW
Calgary, AB T2R 1J3
www.paintedpony.ca