Calgary-based Pengrowth Corp. is paying about C$11 million to add more than 28,800 acres (43 net sections) to its position in the Horn River Basin of British Columbia. Pengrowth is paying C$9 million for undeveloped land and C$2 million for the undisclosed seller’s interest in a standing cased well bore. With the agreement, Pengrowth would have a total of 73,147 net acres (113 net sections) in the play. Once the transaction closes, Pengrowth would hold a 10% stake in the Dilly Creek block and a 100% interest in Moss Creek and Gunnel Creek lands.

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