Atlanta, GA 2/21/2008 1:10:37 AM
News / Business

Pengrowth Energy Trust (PGH) to Release Q4 2007 Earnings March 3

Pengrowth Energy Trust (NYSE:PGH) will release the fourth quarter earnings for 2007 on March 3.

Canadian Based, Pengrowth Energy Trust is an energy trust whose assents include an interest in six of nine original oil reservoirs in the Western Canadian Sedimentary Basin which produce light, sweet oil.

Company production includes coalbed methane, conventional oil and gas and offshore natural gas.

The company has interests in 200 project area properties and operates 57% of its production.

The company acquired 2.4% interest in Dunvegan, which included its production interests.  The company also acquired some properties of ConocoPhillips on January 22, 2007.

The company acquired Carson Creek assets from ExxonMobil Canada in Semptember 2006.  The acquisition included 87.5% of the company’s operated working interest in Carson Creek North Unit No1 and 95.1% operated working interest in Carson Creek Unit No. 1 and Carson Creek Gas.

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