Painted Pony hires Scotia Capital analyst for investor relations

Share

Painted Pony Petroleum Ltd., a growing player in the British Columbia Montney formation, has reached into the sell-side research field to fill a senior investor relations position.

Painted Pony has hired Mark Polak, long-time exploration and production analyst at Scotia Capital Inc., for the role, according to a well-placed source.

The company made headlines last month when it struck a strategic alliance with AltaGas Ltd. AltaGas is building a gas processing plant north of Fort St. John, B.C., of which Painted Pony will have 150 million cubic feet a day of capacity. The $350-million plant is expected to be in service by the end of next year. AltaGas also agreed to buy $50-million of Painted Pony stock.