Penn West Petroleum Ltd (TSE:PWT) JUL 04, 2015 BUY av $2.07
Penn West Petroleum Ltd. (Penn West) is an exploration company and main production based in Canada. The Company conducts its exploration activities, develop and hold interests in oil and natural gas properties and related production infrastructure in the sedimentary basin of Western Canada, directly and through investments in securities of subsidiaries holding such interests. The property portfolio of the Company includes both oil production and unitary and non-unitary natural gas. The properties contain reserves long life, low decline rates, including stakes in several fields of oil and gas. The majority of its proved and probable reserves are located in Canada, Alberta, British Columbia, Saskatchewan, Manitoba and the Northwest Territories. He also minor interest on proven and probable reserves in the United States in Wyoming. Penn West operates under the trade names and Penn West Penn West Exploration.