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PENN WEST PETROLEUM LTD. T.PWE


Primary Symbol: T.PWT

"Penn West Petroleum, based in Calgary, Alberta, is an independent Canadian energy company focused on the exploration and production of oil and natural gas resources in Saskatchewan, Alberta, and British Columbia. At the end of 2015, the company reported proven reserves before royalties of 208 million barrels of oil equivalent. Daily production averaged 86,000 barrels of oil equivalent in 2015, at a ratio of 69% oil/31% gas."


TSX:PWT - Post by User

Bullboard Posts
Comment by Bobwinson Feb 26, 2014 10:45am
201 Views
Post# 22253032

RE:Potential

RE:PotentialPWE.to shareholders will be minority owners of the combined company but approval of Dewey-Burdock would be a major step.  Capex is relatively low due to the ISR operation so should be available to the combined company.  

Probably more important to all U stocks is the date of the Japanese U power plant restarts.  Without that country using it's contracted U308 fuel supplies, the U308 prices have continued to drop.  

Bobwins
Bullboard Posts