Pengrowth Energy reports year-end proved plus probable reserves 512MMboe

theflyonthewall.com

Pengrowth Energy reports proved plus probable year-end reserve increased 55% to 512MMboe at December 31, 2012, from 330.5MMboe at year-end 2011. The company reported 330.1MMboe of proved reserves at year-end. 2012 crude oil and natural gas liquids reserves increased by 29% and 79% on a proved and proved plus probable basis, respectively. Company reports 2012 cap ex $467M before property acquisitions and dispositions.

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