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Environmental Policy

Pengrowth is committed to environmental protection and the broader integration of environmental and economic priorities in all aspects of our business. We aim to ensure that recognized environmental standards and legal requirements are met.

Pengrowth’s policy:

  • Environmental hazards are identified, assessed and managed.

  • Company environmental standards and practices are within or exceed legal requirements.

  • Strive to prevent incidents that result in environmental impacts.

  • Facilities are designed, operated and maintained in a way that will meet or exceed environmental standards.

  • All employees and others engaged on our behalf are aware of the need, informed of the requirements and trained to protect the environment.

  • Open and frequent communication with regulatory agencies to clearly understand environmental requirements and maintain positive working relationships.

  • Quick and effective response to incidents resulting from our operations and cooperating with industry organizations and authorized government agencies.

  • Operations and management processes and environmental performance are audited to measure performance achievement to use as a basis for further improvement.

Signed:
James S. Kinnear
Chairman, President & CEO
James E. Causgrove
Vice President, Production and Operations
William G. Christensen
Vice President, Strategic Planning &
Reservoir Exploitation
Larry B. Strong
Vice President,
Geosciences
Dated: January 2006