Impact: Slightly Positive. Pengrowth's ramp-up at Lindbergh continues to be strong at 13,000 bbl/d with an ISOR of 1.9x, and appears to be in line to slightly ahead of our current forecast for 2Q15e-4Q15e, which ultimately expects production to reach 16,000 bbl/d of bitumen by year-end.
09 Jun 2015
PENGROWTH ENERGY CORPORATION (PGF) REPORTS LINDBERGH PRODUCTION IN EXCESS OF FACILITY NAMEPLATE CAPACITY OF 12,500 BBL/D
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PENGROWTH ENERGY CORPORATION (PGF) REPORTS LINDBERGH PRODUCTION IN EXCESS OF FACILITY NAMEPLATE CAPACITY OF 12,500 BBL/D
Pengrowth Energy (PGF:TSE) | 0 0 -3.2% | Mkt Cap: 508.1m
- Published:
09 Jun 2015 -
Author:
Michael Hearn -
Pages:
2
Impact: Slightly Positive. Pengrowth's ramp-up at Lindbergh continues to be strong at 13,000 bbl/d with an ISOR of 1.9x, and appears to be in line to slightly ahead of our current forecast for 2Q15e-4Q15e, which ultimately expects production to reach 16,000 bbl/d of bitumen by year-end.