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Form 6-K PENGROWTH ENERGY Corp For: Apr 01

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April 1, 2016 3:27 PM EDT
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
Under the Securities Exchange Act of 1934
 
 
For the month of April 2016
 
 
Commission File Number: 1-31253
 
 
PENGROWTH ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
 
 
2100, 222 – 3rd Avenue S.W.
Calgary, Alberta T2P 0B4 Canada
(Address of principal executive offices)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
 
Form 20-F [ ] Form 40-F [ X ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
DOCUMENTS FILED AS PART OF THIS FORM 6-K
 
See the Exhibit Index to this Form 6-K.
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
PENGROWTH ENERGY CORPORATION
Date: April 1, 2016
By:
/s/ Andrew D. Grasby                                    
Name:
Andrew D. Grasby
Title:
Senior Vice President, General Counsel &
Corporate Secretary
 
EXHIBIT INDEX
 
Exhibit No.
PENGROWTH ENERGY CORPORATION AND FROG LAKE ENERGY RESOURCES CORP ENTER INTO A SALE LEASEBACK AGREEMENT FOR CO-GENERATION FACILITIES AT LINDBERGH
 
 
Exhibit 99.1
 
 
 
 
 
 
 
 
NEWS RELEASE
Stock Symbols:  
PGF - TSX
 
 
PGH - NYSE
 
 
 

PENGROWTH ENERGY CORPORATION AND FROG LAKE ENERGY RESOURCES CORP ENTER INTO A SALE LEASEBACK AGREEMENT FOR CO-GENERATION
FACILITIES AT LINDBERGH


(Calgary, April 1, 2016) – Pengrowth Energy Corporation and Frog Lake Energy Resources Corp. (FLERC) today announced an agreement for the sale and leaseback of the co-generation facilities at Pengrowth's Lindbergh thermal oil project in Cold Lake Alberta. Under the terms of the agreement, FLERC has made an investment of Cdn $35 million and will own and leaseback the co-generation facilities. The length of the agreement is for a period of 20 years and will provide FLERC with a long-term return as well as the opportunity to directly participate in the operation of a successful thermal oil project.
"This partnership exemplifies the strong working relationship that Pengrowth has developed with the Frog Lake First Nation and is reflective of the Company's strategy of engaging the communities where we operate," said Derek Evans, President and Chief Executive Officer of Pengrowth. "We are pleased to be working together where both parties share in the growth of the business."
"This agreement is in keeping with our goal of delivering long-term value for the benefit of the Frog Lake First Nation community," said Joe Dion, Chief Executive Office of Frog Lake Energy Resources Corp. "Through this partnership with Pengrowth our shareholders will be rewarded for investing in a growth project that is active near the community."
About Pengrowth:
Pengrowth Energy Corporation is an intermediate Canadian producer of oil and natural gas, headquartered in Calgary, Alberta. Pengrowth's assets include the Lindbergh thermal oil, Cardium light oil, Swan Hills light oil and the Groundbirch and Bernadet Montney gas projects. Pengrowth's shares trade on both the Toronto Stock Exchange under the symbol "PGF" and on the New York Stock Exchange under the symbol "PGH".
 
About FLERC:
 
Frog Lake Energy Resources Corp. is an oil and gas exploration and production company wholly owned by the people of Frog Lake First Nation (FLFN). The corporation's vision is to "create sustainable wealth" such that "by 2020 we will be recognized for our ability to continuously create business opportunities and deliver long-term value for the benefit of the Frog Lake First Nation and its partners". Currently, FLERC has reached the production levels of 3,000 bopd for both on and off reserve territory.
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PENGROWTH ENERGY CORPORATION
FROG LAKE ENERGY RESOURCES CORP
 
 
Derek Evans
Joe Dion
President and Chief Executive Officer
Chief Executive Officer
 
 
Contact information
 
 
 
Wassem Khalil
John Zahary
Manager, Investor Relations
President
(403) 233-0224 or Toll free 1-855-336-8814
(403) 290-1390
 
 
For further information about Pengrowth, please visit our website www.pengrowth.com or contact: Investor Relations, E-mail: [email protected]

 
For further information about FLERC, please visit our website www.flerc.com or E-mail: [email protected]
 
 
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