CALGARY, March 10, 2016 /CNW/ - Penn West Petroleum Ltd. (TSX – PWT; NYSE – PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the year ended December 31, 2015. All figures are in Canadian dollars unless otherwise stated. Three months ended December 31 Year ended December 31 201...
CALGARY, Feb. 25, 2016 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is expected to release its year ended 2015 financial and operating results as well as its 2015 reserves results on Thursday, March 10, 2016 before North American markets open. In addition, it is anticipated that the year ended 2015 management's discussion and analysis as well as the audited consolidated [...]
CALGARY, Feb. 16, 2016 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announced today that it has entered into agreements to settle all class action proceedings in Canada and the United States against Penn West and others commenced by investors alleging damages in relation to Penn West's July 29, 2014 announcement that it intended to restate certain historical financial [...]
CALGARY, Jan. 28, 2016 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE – PWE.BC) ("Penn West", "we", "us" or "our") announces that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016. This budget responds to the significant decline in commodity prices and proposes capital spending levels 90 per cent lower than the 2015 planned capital program. Our 2016 capital budget is [...]
CALGARY, Jan. 5, 2016 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces that it received notification on January 4, 2016 from the New York Stock Exchange (the "NYSE") that Penn West is no longer in compliance with one of the NYSE's continued listing standards applicable to Penn West because the average closing price of Penn West's common stock was less than US$1.00 per [...]
CALGARY, Dec. 2, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is pleased to announce that it received notification yesterday from the New York Stock Exchange (the "NYSE") that it has regained compliance with the NYSE's continued listing standard regarding the price of its common stock. On September 4, 2015, Penn West received notification from the NYSE that Penn West had [...]
CALGARY, Nov. 9, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is pleased to announce that it has closed the sale of its non-operated 9.5% working interest in the Weyburn Unit in Southeast Saskatchewan for cash consideration of approximately $205 million. Additionally, as announced in our third quarter results, we closed the sale of our properties in the Greater Mitsue [...]
CALGARY, Nov. 5, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the third quarter ended September 30, 2015. All figures are in Canadian dollars unless otherwise stated. Three months ended September 30 Nine months ended S...
CALGARY, Oct. 20, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is expected to release its third quarter 2015 financial and operating results on Thursday, November 5, 2015 before North American markets open. The third quarter 2015 management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at [...]
CALGARY, Oct 1, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is pleased to announce that it has entered into a definitive agreement for the sale of its non-operated 9.5% working interest in the Weyburn Unit in Southeast Saskatchewan for cash consideration of $205 million, subject to closing adjustments customary in transactions of this nature. We intend to use the [...]
CALGARY, Sept. 15, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is pleased to announce that it has entered into a definitive agreement for the sale of its properties in the Greater Mitsue area of Central Alberta for cash consideration of $192.5 million, subject to closing adjustments customary in transactions of this nature. We intend to use the proceeds from this [...]
CALGARY, Sept. 8, 2015 /CNW/ - Penn West Petroleum Ltd. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announced today that it received notification on September 4, 2015 from the New York Stock Exchange (the "NYSE") that Penn West is no longer in compliance with one of the NYSE's continued listing standards applicable to Penn West because the average closing price of Penn West's common stock was less than [...]