Tuesday, September 19, 2006

Pengrowth To Buy Carson Creek Properties

Pengrowth Energy Trust (PGH) will purchase Exxon Mobil Corp.'s (XOM) Carson Creek properties for approximately $424 million. Shares of Pengrowth dropped $1.15 to close at $19.99 while Exxon Mobile stock eased 80 cents to close at $65.50.

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