Jan 5 (Reuters) - Painted Pony Petroleum Ltd PPY.TO
* Painted Pony achieves 2016 exit production of more than 240 mmcfe/d (40,000 boe/d), announces operational update and attendance at the TD Securities London Energy Conference
* Daily production volumes for 2017 are expected to average approximately 288 mmcfe/d
* Painted Pony Petroleum Ltd - Q4 2016 daily production volumes averaged approximately 218.7 mmcfe/d
* Painted Pony Petroleum - liquids production volumes in 2017 expected to be more than 9 pct of total production volumes or approximately 4,400 bbls/d
* Painted Pony Petroleum Ltd - since November 2016, Painted Pony has hedged an additional 56.5 mmcf/d on contracts for 2017 and 2018
* Anticipates 2017 forecasted exit production volumes to be approximately 408 mmcfe/d
* Painted Pony Petroleum Ltd says daily production volumes for 2017 are expected to average approximately 288 mmcfe/d (48,000 boe/d)
* Painted Pony Petroleum - hedged total of 65 pct of natural gas production during 2017 at average price of $3.30/mcf on AECO swaps (51 pct of hedged volumes) Source text for Eikon: ID:nCNWgCMyza Further company coverage: PPY.TO