Pengrowth Energy

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Brand information:

Website	Pengrowth
Country	Canada
Industry	Energy

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The Pengrowth logo features blue and white colors:

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Pengrowth Energy Corporation was a Canadian oil and natural gas company based in Calgary, Alberta. Established in 1988 by Calgary entrepreneur James S Kinnear, it was one of the largest of the Canadian royalty trusts, with a market capitalization of US$4.12 billion at the end of 2007. Its assets were approximately evenly distributed between oil and natural gas. Pengrowth’s assets are in the Western Canada sedimentary basin, a geologic region which has a long history of productivity in crude oil and natural gas. In addition to the properties in western Canada, the company had assets in the Atlantic Ocean off of Nova Scotia. Pengrowth produced petroleum ranging from heavy crude oil to light oil, natural gas liquids, and natural gas. Proved reserves in 2006 were reported to be 200 million barrels of oil equivalent with an additional 160 million barrels of probable reserves.

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