PENGO <PGO> TO SELL SOME WIRELINE OPERATIONS Pengo Industries Inc said it has agreed to sell its Wireline Products Manufacturing Division in Fort Worth, Texas, Wireline Services Division operations in several locations and Pengo International Inc subsidiary to John Wood Group PLC for undisclosed terms. The company said the Wireline Services operations being sold are in Lafayette, Houma and Harvey, La., Alvin, Odessa and Longview, Texas, and Moore, Okla. Pengo said its Kuykenball Slickline operation in Moore and surplus wireline equipment operations in fort Worth and Cleburne, Texas, will be sold separately.