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Pengrowth Energy (PGH +2.1%) has either closed or has a signed letter of intent to sell...

Pengrowth Energy (PGH +2.1%) has either closed or has a signed letter of intent to sell additional non-core assets. The sales mean the company has surpassed its target of $700M in dispositions, fully funding phase one of the Lindbergh development project. Earlier today, the company disclosed a 51% increase in proved plus probable reserves at Lindbergh. The stock remains halted.
Comments (1)
  • Energex
    , contributor
    Comments (644) | Send Message
     
    Finally, the $700 mil question is answered. Can't wait for market reaction tomorrow.
    16 Jul 2013, 05:30 PM Reply Like
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