March 6 (Reuters) - Pengrowth Energy Corp PGF.TO :
* PENGROWTH ANNOUNCES FOURTH QUARTER 2018 RESULTS, PROVIDES RESERVES UPDATE AND LAUNCHES STRATEGIC REVIEW
* QTRLY LOSS PER SHARE $0.91
* QTRLY AVERAGE DAILY PRODUCTION 24,104 BOE/D VERSUS 24,702 BOE/D LAST YEAR
* ON MARCH 5, 2019 BOARD OF DIRECTORS COMMENCED A FORMAL PROCESS TO EXPLORE AND DEVELOP STRATEGIC ALTERNATIVES
* PENGROWTH ENERGY - REVIEW TO EXPLORE RANGE OF STRATEGIC AND TRANSACTION ALTERNATIVES, INCLUDING A SALE, MERGER OR OTHER BUSINESS COMBINATION
* PENGROWTH ENERGY -IN DISCUSSIONS WITH LENDING SYNDICATE UNDER ITS $330 MILLION REVOLVING BANK CREDIT FACILITY TO EXTEND MATURITY DATE OF FACILITY
* IN DISCUSSIONS TO EXTEND MATURITY DATE OF CREDIT FACILITY THROUGH SEPTEMBER 30, 2019 TO SUPPORT STRATEGIC REVIEW
* PENGROWTH ENERGY- CO'S OBJECTIVE IS TO FINALIZE FACILITY EXTENSION AGREEMENT AS SOON AS POSSIBLE, & IN ADVANCE OF CURRENT MARCH 31, 2019 MATURITY DATE