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BRIEF-Pengrowth announces the sale of a 4% gross overriding royalty interest
December 14, 2016 / 9:43 PM / a year ago

BRIEF-Pengrowth announces the sale of a 4% gross overriding royalty interest

Dec 14 (Reuters) - Pengrowth Energy Corp :

* Pengrowth Energy Corp - under terms of agreement, pengrowth is selling a 4.0% royalty on all of its lindbergh thermal properties

* Pengrowth announces the sale of a 4.0% gross overriding royalty interest on its lindbergh thermal assets for $250 million

* Pengrowth Energy Corp - purchaser of royalty retains option to receive royalty either in cash or as production in kind Source text for Eikon: Further company coverage:

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