Oct 22 (Reuters) - Pengrowth Energy Corp PGF.TO :
* Updates asset disposition process and announces agreement to sell jenner area
properties for $80 million
* Entered into an agreement for the sale of its non-core jenner assets in
south-eastern Alberta for cash consideration of $80 million
* Total expected disposition proceeds are now in excess of $300 million in 2015
* Says has asset disposition packages in the market that have generated
additional cash offers of over $450 million
* Says the sale of the jenner assets is not expected to materially affect
full-year 2015 average production guidance
* The company "remains confident" that it will successfully achieve its $600
million disposition target in 2015
* Says Pengrowth expects 2015 production to remain between 70,000 and 72,000
boe/d
* Average daily production from jenner during the third quarter was
approximately 4,200 barrels of oil equivalent per day
* Says expected proceeds from the non-core asset sales will be directed towards
reducing pengrowth's outstanding debt
* Source text for Eikon urn:newsml:reuters.com:*:nMKWK9qSta
* Further company coverage PGF.TO