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Overview

Pengrowth Energy Trust is one of the larger energy royalty trusts in North America. Trust units trade on the New York Stock Exchange (PGH) and the Toronto Stock Exchange (PGF.UN). Through the purchase of trust units, unitholders participate in the ownership of a large portfolio of crude oil and natural gas properties, receiving the net cash flow (after expenses and other withholdings), paid monthly, as the oil and gas reserves are produced. Pengrowth's property portfolio is one of the higher quality in the energy trust sector with a proved plus probable reserve life index of approximately 10 years and a reserve base of approximately 360 million barrels of oil equivalent at December 31, 2006 pro forma for the ConocoPhillips properties acquisition. Pengrowth's assets are characterized by low decline rates and high development potential allowing for stable production.

Contact Information

240-4th Avenue South West
Suite 2900
Calgary, ABT2P4H4

tel: 403-233-0224
fax: 403-265-6251
http://www.pengrowth.com

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Stock

Exchange: NYSE
Industry: Oil & Gas Drilling & Exploration
Market Cap: $5.1B




 
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