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BRIEF-Pengrowth Reports Qtrly Oil And Gas Sales Of $147.9 Million

Published 2018-11-08, 06:27 a/m
Updated 2018-11-08, 06:30 a/m
© Reuters.  BRIEF-Pengrowth Reports Qtrly Oil And Gas Sales Of $147.9 Million

Nov 8 (Reuters) - Pengrowth Energy Corp PGF.TO :

* PENGROWTH ANNOUNCES THIRD QUARTER 2018 RESULTS, 2019 CAPITAL PLAN AND 2019 GUIDANCE

* PENGROWTH ENERGY CORP - LINDBERGH PRODUCTION ESTABLISHES NEW RECORD IN OCTOBER AVERAGING 18,350 BBL/D WITH FIVE OF EIGHT INFILL WELLS ON PRODUCTION

* PENGROWTH ENERGY CORP - ACHIEVED RECORD QUARTERLY PRODUCTION AT LINDBERGH OF 16,408 BBL/D AND ON TRACK TO REACH 19,000 BBL/D IN Q4

* PENGROWTH ENERGY CORP - QTRLY AVERAGE DAILY PRODUCTION 21,807 BOE/D, DOWN 4 PERCENT FROM JUNE QUARTER

* PENGROWTH ENERGY CORP - QTRLY OIL AND GAS SALES $147.9 MILLION, UP 1 PERCENT FROM JUNE QUARTER

* PENGROWTH ENERGY CORP - MAINTAINING 2018 GUIDANCE THAT WAS REVISED IN PRIOR QUARTER

* PENGROWTH ENERGY CORP SEES 2019 LINDBERGH AVERAGE PRODUCTION 17,750 - 18,250 BBL/D

* PENGROWTH ENERGY CORP SEES 2019 AVERAGE PRODUCTION 22,500 - 23,500 BOE/D

* PENGROWTH ENERGY CORP - 2019 BUDGET CALLS FOR A CAPITAL SPENDING PLAN OF $45 MILLION

* PENGROWTH ENERGY CORP - MULTI-YEAR DEVELOPMENT PLAN REMAINS ON TRACK TO GROW LINDBERGH PRODUCTION TO 35,000 BBL/D BY END OF 2023

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