Pengrowth Energy Trust Announces $1.0375 Billion Acquisition of Canadian Oil and Natural Gas Properties

Pengrowth Corporation, administrator of Pengrowth Energy Trust is pleased to announce that it has entered into a definitive agreement to acquire Canadian oil and natural gas producing properties and undeveloped lands (the “CP Properties”) through the acquisition of the shares of four subsidiaries of Burlington Resources Limited, a subsidiary of ConocoPhillips, for a purchase price of $1.0375... 

Tag: pengrowth acquired four subsidairies, red earth exploration