09:57 AM EST - Pengrowth Energy Corporation : Reported its results for the three months ended September 30, 2018. Total debt before working capital decreased 4% or $29.3 million to $672.2 million compared with $701.5 million in the second quarter of 2018 as the result of $20.5 million in repayments and an $8.8 million favourable foreign exchange impact. Increased adjusted funds flow for the third quarter by 54% to $15.6 million compared with $10.1 million in the prior quarter despite a 4% decrease in production related to curtailed production at Groundbirch. The company incurred capital expenditures of $6.8 million in the third quarter. Of the $65 million 2018 capital program, $56.3 million or 87% has been spent year-to-date as planned. Pengrowth Energy Corporation
shares T.PGF are trading unchanged at $0.93.
