Pengrowth Confirms Production Restart at Sable Offshore Energy Project

Pengrowth Corporation, administrator of Pengrowth Energy Trust, announced that production from the Sable Offshore Energy Project ("SOEP") in Nova Scotia has resumed after experiencing a minor delay due to Hurricane Bill.

SOEP was down for scheduled maintenance and was not producing natural gas just before the storm hit. However due to the storm evacuation, a minor delay was experienced in ramping up production after the maintenance outage. Inspections to the satellite platforms did not turn up any damage from the hurricane, which passed over the region on August 22, 2009.

SOEP typically produces between 350 and 400 million cubic feet of natural gas and 15,000 barrels of natural gas liquids per day. Pengrowth is an 8.4 percent non-operated working interest partner in the ExxonMobil operated field.