bn-section02 Investors

A Solid Investment Proposition

On December 12, 2012 the acquisition of Progress Energy Resources Corp by PETRONAS Carigali Canada was completed. Progress will continue to operate as Progress Energy Canada Ltd, a wholly owned subsidiary of PETRONAS.  Shares will be delisted on or about December 17, 2012.

Tax Information for former holders of 2014 & 2016 debentures PDF

The Progress Playbook

  • Own large, contiguous land blocks
  • Invest in and own infrastructure
  • Be the low cost operator
  • Standardized operations
  • Practical application of technology
  • Maintain balance sheet strength