CALGARY, Alberta, Feb. 28, 2018 -- Pengrowth Energy Corp. today announced its operating and financial results for the fourth quarter and full year 2017 along with year-end 2017 reserve results. “In 2017 we concluded our significant transformation that has resulted in a restructured and refocused Company with two 100 percent owned and operated [...]
CALGARY, Alberta, Feb. 21, 2018 -- Pengrowth Energy Corp. announces that it intends to release its fourth quarter and annual results for the period ending December 31, 2017 on Wednesday, February 28, 2018, following the close of equity markets. A conference call and listen only audio webcast will be held, beginning at 6:30 A.M. Mountain Time on [...]
CALGARY, Alberta, Feb. 20, 2018 -- Pengrowth Energy Corp. today announced the appointment of Mr. Peter D. Sametz as President and Chief Executive Officer and member of the Board of Directors effective March 15th, 2018. Peter replaces Derek Evans who will be retiring as an officer and director of the company on March 14th, 2018. Derek will continue [...]
CALGARY, Alberta, Jan. 25, 2018 -- Pengrowth Energy Corp. announces a realignment of its executive team with the appointment of Randy Steele as Chief Operating Officer. Mr. Steele, who originally joined Pengrowth in 1998, and who currently holds the position of Senior Vice President, Conventional Operations, will assume operational responsibility [...]
CALGARY, Alberta, Jan. 17, 2018 -- Pengrowth Energy Corp. today announced that the Company’s Board of Directors has approved a 2018 capital expenditure budget of $65 million. 2018 capital spending will be focused on adding production volumes at the Company’s two 100 percent owned and operated assets at Lindbergh and Groundbirch. The [...]
CALGARY, Alberta, Dec. 01, 2017 -- Pengrowth Energy Corp. today announced that it received notification on December 1, 2017 from the New York Stock Exchange that Pengrowth is no longer in compliance with one of the NYSE’s continued listing standards resulting from the average closing price of Pengrowth’s common stock being less than US [...]
Pengrowth Energy Corp. is pleased to announce its third quarter 2017 financial and operating results and the completion of its strategic objective of focusing its asset base to its two growth assets. Pengrowth's long-term development plan is centered on operational excellence on a concentrated asset portfolio with long-life reserves, reduced cost [...]
Pengrowth Energy Corp. today announced that it has entered into an agreement for the sale of its Quirk Creek assets in Southern Alberta for total cash consideration of $6.5 million, subject to customary adjustments. The sale includes the Quirk Creek sour gas plant and associated gathering systems related to the production of sour gas and liquids [...]
Pengrowth Energy Corp. is pleased to report that it has closed the previously announced sale of its remaining Swan Hills assets in North Central Alberta for total cash consideration of $150 million, before customary closing adjustments. The closing of the sale brings Pengrowth's year to date disposition proceeds to nearly $1.0 billion, which has [...]
Pengrowth Energy Corp. today announces that it has received formal notification from the New York Stock Exchange that it has regained compliance with its continued listing standards. On May 16, 2017, the Corporation received a non-compliance notice from the NYSE as a result of the 30 day average closing price of its shares falling below US $1.00 [...]
Pengrowth Energy Corp. is pleased to report that it has closed the sale of its non-core Alberta legacy assets previously announced on October 18, 2017. The Company also announces that it intends to release its third quarter results for the period ending September 30, 2017 on Thursday, November 9, 2017, following the close of equity markets. A [...]
Pengrowth Energy Corp. today announces that it has entered into an agreement for the sale of the vast majority of its remaining non-core legacy assets in Alberta for nominal cash consideration and the assumption of abandonment and reclamation liabilities. The sales package encompasses a collection of widely dispersed, mature legacy assets from 36 [...]
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