Pengrowth Energy Corporation (PGH) Reports Q2 Loss of 2c/Share

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Pengrowth Announces Fourth Quarter 2017 and Full Year 2017 Results as Well as 2017 Reserve Results   

February 28, 2018 5:17 PM EST

CALGARY, Alberta, Feb. 28, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (TSX:PGF) (NYSE: PGH) 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 growth assets at Lindbergh and Groundbirch, commented Derek Evans, President and Chief Executive Officer of Pengrowth.

We disposed of our high cost legacy assets and applied approximately $1.0 billion of sale... More