| RESERVES |
- Pengrowth's proved reserves exceeded 200
million barrels of oil equivalent for the first time in
2006.
- Proved plus probable reserves totaled approximately 360 million barrels
of oil equivalent, including the CP properties
acquisition at December 31, 2006.
- In 2006, Pengrowth had its most successful development program to date, with
additions essentially replacing 100 percent of production in the year.
- Including acquisitions in 2006, Pengrowth replaced
443 percent of production (excluding the CP properties
acquisition).
|
| Proved plus Probable
Reserves |
 |
| Note: 2006 reserves are pro forma for the CP
properties acquisition. |
| Reserves by property |
Oil and Gas Reserves (mmboe) |
| Reserves (Proved plus Probable) |
2001 - 2006 Compound Annual Growth Rate - 9.4% |
|
 |
| Note: 2006 reserves are pro forma for the CP
properties acquisition. |
Reserves Summary 2006
(Pro Forma ConocoPhilips Properties Acquisition) |
| Company Interest (Company Gross Interest* plus Royalty
Interest Reserves, escalated pricing) |
| Proved producing |
79,647 |
17,037 |
23,314 |
683.0 |
233,839 |
143,741 |
| Proved developed non producing |
696 |
990 |
685 |
39.1 |
8,881 |
5,113 |
| Proved undeveloped |
18,819 |
2,232 |
1,569 |
70.2 |
34,326 |
26,745 |
| Total proved |
99,162 |
20,258 |
25,569 |
792.3 |
277,046 |
175,599 |
| Total proved plus probable |
131,518 |
25,892 |
32,991 |
1,035.1 |
362,915 |
219,396 |
|