Penn West Petroleum wishes to notify interested parties that Mr. Dave Roberts, President and Chief Executive Officer, will be presenting at the CIBC Whistler Institutional Investor Conference on Thursday, January 23rd, 2014 at 10:00am PST in Whistler, British Columbia. We invite interested parties to visit: https://webcasts.welcome2theshow.com/whistler2014 at the presentation time noted above to listen to an audio [...]
CALGARY, Jan. 21, 2014 /CNW/ - Penn West Petroleum Ltd. (TSX: PWT) (NYSE: PWE) ("Penn West", "our" or the "Company") is pleased to provide an operational update on fourth quarter 2013 activities and announces additional non-core asset dispositions for expected proceeds of approximately $175 million. OVERVIEW On November 6, 2013 Penn West released a long-term strategy to position itself as a stronger and more vibrant [...]
Penn West wishes to notify interested parties that Mr. Dave Roberts, President and Chief Executive Officer, will be presenting at the CIBC Whistler Institutional Investor Conference on Thursday, January 23rd, 2014 at 10:00am PST in Whistler, British Columbia. We invite interested parties to visit: https://webcasts.welcome2theshow.com/whistler2014 at the presentation time noted above to listen to an audio webcast of the [...]
Penn West is pleased to announce that it has successfully completed its previously announced asset divestitures. On November 6, 2013, Penn West announced its intention to divest approximately $485 million of non-core assets producing approximately 12,500 boe per day as "phase one" of its divestment strategy related to the Company's long-term plan. Today, the Company announces it has closed a series of transactions to [...]
Penn West Petroleum Ltd. is pleased to announce its results for the third quarter ended September 30, 2013. All figures are in Canadian dollars unless otherwise stated. Dave Roberts, President and Chief Executive Officer, commented, "Penn West continues to transition to a business that has predictable results and importantly one that is cash flow focused. The Company's focus on liquids production, today and into the [...]
Penn West is pleased to announce the results of its strategic review process and details of its long-term plan, an update on asset dispositions as well as 2014 capital and production guidance. Commenting on today's announcements, Dave Roberts, President and CEO stated: "Following a process that began less than five months ago, the Board of Directors and senior management of Penn West have developed a long-term plan for a [...]
Penn West is pleased to announce that the Board of Directors has declared a fourth quarter 2013 dividend of $0.14 per share to be paid on January 15, 2014 to shareholders of record at the close of business on December 31, 2013. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. Penn West shares are listed on the Toronto Stock Exchange under the symbol PWT [...]