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PENN WEST PETROLEUM LTD. 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

Comment by Flyfishing20155on Feb 27, 2017 2:21pm
111 Views
Post# 25900226

RE:RE:CFO of the year.....

RE:RE:CFO of the year.....Actually it was quite the opposite, I see you are using your crayons this morning. I suspected one might highlight those milestones in this article, an investor with any foresight would look deeper into the story than what you have pointed out.

1- Why did David Dyck leave?
- pushed out
- left the company on its own, as the future is not so bright for a talented CFO
- or was it just the new CEO, not recognizing his talents and replaced him with someone else that was not affiliated with the old CEO.

Either way, the decision for PennWest to shack up senior management at the beginning of the year, as certainly not paid off in any way.
The stock price is a reflection in the mirror as to how disorganised and lost this company is in the Western Canadian oil basin.

Judge for your self!
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