Pengrowth executes an asset sale

Pengrowth Energy (TSX: PGF) managed to execute an asset sale on its conventional production property north of Edmonton, the Swan Hills assets for CAD$180 million. The debt profile at December 31, 2016 looked like this: Right now the CAD/USD ratio is 0.75. At the end of December 31, 2016 they also had CAD$287 million cash … Continue reading Pengrowth executes an asset sale