222 - 3 AVENUE SW, SUITE 2100
CALGARY
Alberta
Canada,
T2P 0B4
Phone: +1 403 213 8658
Fax: +1 403 265 6251
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Company NewsMonday, March 08, 2010 Pengrowth announced its 2009 year end reserves information. On a proved plus probable basis total reserves decreased from 323.5 million barrels of oil equivalent (mmboe) in 2008 to 295.7 mmboe in 2009. The key factors for this decline were a 48 percent reduction in development capital expenditures in 2009 versus 2008, and a prudent capital budget that only represented 38 percent of operating cash flow. News ReleasesThursday, February 18, 2010 Wednesday, February 10, 2010 Thursday, January 21, 2010
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