Pengrowth announced it has entered into an agreement to sell its non-core Bodo property in eastern Alberta for cash consideration of $95 mm, bringing the total tally for anticipated proceeds year-to-date to $260 mm from its non-core disposition program, thus taking yet another
important step towards strengthening the Company’s balance sheet and improving its financial flexibility.
07 Oct 2015
Pengrowth Announces Sale of Bodo Property, Updates Asset Disposition Program
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Pengrowth Announces Sale of Bodo Property, Updates Asset Disposition Program
Pengrowth Energy (PGF:TSE) | 0 0 -3.2% | Mkt Cap: 508.1m
- Published:
07 Oct 2015 -
Author:
Michael Hearn -
Pages:
7
Pengrowth announced it has entered into an agreement to sell its non-core Bodo property in eastern Alberta for cash consideration of $95 mm, bringing the total tally for anticipated proceeds year-to-date to $260 mm from its non-core disposition program, thus taking yet another
important step towards strengthening the Company’s balance sheet and improving its financial flexibility.