CALGARY, ALBERTA--(Marketwired - Apr 25, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) (the "Company" or "Pengrowth") today announced that it has entered into an agreement for the sale of the remaining portion of its Swan Hills assets in North Central Alberta for total cash consideration of $185 million, subject to customary closing conditions [...]
CALGARY, ALBERTA--(Marketwired - Apr 11, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) announces that it has closed its previously announced sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. The cash proceeds will help further strengthen the Company's balance sheet. The [...]
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) is pleased to announce that it has reduced its indebtedness by Cdn $530 million or 31 percent from December 31, 2016 through the previously announced debt reduction initiatives. The Company has successfully prepaid US $300 million of the US $400 million [...]
CALGARY, ALBERTA--(Marketwired - Mar 23, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) today announced that it has entered into an agreement for the sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. The Bernadet asset encompasses 36.6 sections (100 percent working [...]
CALGARY, ALBERTA--(Marketwired - Mar 20, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) (the "Company" or "Pengrowth") today announced that it has entered into an agreement for the sale of a portion of its Swan Hills assets in North Central Alberta for total cash consideration of $180 million, subject to customary adjustments. The sale of the [...]
CALGARY, ALBERTA--(Marketwired - Feb 28, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) delivered strong operating and financial results in 2016. The Company increased its net asset value per share by approximately 70 percent, delivered robust production and significantly increased reserves, while reducing costs across all segments of its [...]
CALGARY, ALBERTA--(Marketwired - Feb 21, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) is pleased to announce its plan to reduce its outstanding debt through the use of existing cash on hand. Following the closing of the four percent non-convertible gross overriding royalty on Lindbergh on January 6, 2017, the Company's cash position was [...]
CALGARY, ALBERTA--(Marketwired - Feb 9, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) today announced that it intends to release its fourth quarter and annual results for the period ending December 31, 2016 on Tuesday, February 28, 2017, following the close of equity markets. A conference call and listen only audio webcast will be held [...]
CALGARY, ALBERTA--(Marketwired - Feb 8, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) today announced that Ms. Margaret Byl has resigned her position as a director of the corporation for medical reasons effective immediately. Kel Johnston, Chairman of Pengrowth commented, "Although Margaret only joined our board in 2014, she made substantial [...]
CALGARY, ALBERTA--(Marketwired - Jan 18, 2017) - Pengrowth Energy Corp. (TSX:PGF) (NYSE:PGH) today announced that the Company's Board of Directors has approved an interim 2017 capital expenditure budget of $125 million. The interim nature of the budget reflects the current divestiture processes that are being pursued and the lack of visibility with [...]
CALGARY, ALBERTA--(Marketwired - Jan 6, 2017) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) announces that it has closed its previously announced sale of a non-convertible 4.0% gross overriding royalty interest on its Lindbergh thermal assets and an interest in certain proprietary seismic for $250 million of aggregate cash proceeds. The cash [...]
CALGARY, ALBERTA--(Marketwired - Dec 21, 2016) - Pengrowth Energy Corp. (TSX:PGF)(NYSE:PGH) ("Pengrowth" or the "Company") announces an update to its plan regarding the early redemption of its outstanding 6.25% convertible unsecured subordinated debentures due March 31, 2017 (the "Debentures"). As a result of ongoing negotiations with its term [...]
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