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Pengrowth Energy Corporation (PGF)
Exchange: Toronto Stock Exchange
$ 5.180
Jun 19, 2013, 6:57 AM EDT
Change: 0.05 (0.97%)
Volume: 287,970

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Pengrowth Energy Trust Announces Executive Appointment

Stock Symbol: (PGF.A/PGF.B) - TSX;
(PGH) - NYSE

CALGARY, April 19 /CNW/ - Pengrowth Corporation ("Pengrowth"),
administrator of Pengrowth Energy Trust (the "Trust"), is pleased to announce
the appointment of James J. Emme as Executive Vice President, Pengrowth
Corporation and Vice President, Pengrowth Management Limited. In his new
position, Mr. Emme will report directly to James S. Kinnear, the President of
Pengrowth Corporation, and will have broad responsibilities for the operating
activities of Pengrowth Corporation and the business development activities of
Pengrowth Management Limited. Pending approval of the executive appointment in
accordance with Canadian immigration guidelines, Mr. Emme will evaluate
Pengrowth's existing properties as a geological consultant and will actively
support Pengrowth's business development.
Mr. Emme is a seasoned top oil and gas industry executive with a proven
track record of success and leadership over a 25-year career in the oil and
gas industry through increasing levels of responsibility in exploration,
exploitation, general management, and corporate development in North America
and internationally.
Mr. Emme received a Bachelor of Science in Geology from the University of
California in 1978 and a Masters in Geology from the Colorado School of Mines
in 1981. He joined Anadarko in 1981 and held many positions throughout the
Anadarko organization over the course of 23 years, including serving as
President of Anadarko Canada during 2000-2001 when the company produced up to
93,000 boepd and employed 500 people with an annual capital budget of up to
U.S. $400 million. In his final position of Vice President Exploration and
Business Development of Anadarko in Houston, Texas, he managed the global
exploration program of the company.
During the course of his diverse career with Anadarko, Mr. Emme
successfully led exploration activities offshore in the Gulf of Mexico,
onshore U.S., Canada, Alaska and Algeria. He also actively participated in
strategic mergers, acquisitions and divestitures in the U.S. and Canada. He
demonstrated an ability to manage risk while recognizing and capturing impact
growth opportunities. As an explorationist and manager, he contributed to
Anadarko's major discoveries in the Berkine Basin of Algeria, deep water Gulf
of Mexico, North Slope of Alaska and Bossier Play in East Texas and North
Louisiana. As President of Anadarko Canada, he successfully implemented a
growth mandate adding both reserves and production. Over the past seven years,
Mr. Emme has had significant exposure to acquisitions and optimizations. In
2001, Mr. Emme oversaw Anadarko's acquisition of Berkeley Petroleum and he
played a key role in the merger and integration of Anadarko and Union Pacific
Resources in 2000.
Mr. Emme's broad management and technical experience will be very
valuable to Pengrowth Corporation and Pengrowth Management Limited as
additional value is sought from the company's existing base of assets and as
Pengrowth seeks new opportunities to make acquisitions, to identify upside and
to execute Pengrowth's business plan, both domestically and internationally.

PENGROWTH CORPORATION
James S. Kinnear, President

%SEDAR: 00001813E

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