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May 2 (Reuters) – Oil and gas producer Pengrowth Energy Corp
posted an 87 percent fall in first-quarter profit.
For the January-March quarter, the company earned C$700,000,
or break even on a per share basis, compared with earnings of
C$5.4 million, or 2 Canadian cents per share, a year ago.
Oil and gas sales fell 4 percent to C$328.5 million.
