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Bullboard - Stock Discussion Forum 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,... see more

Bullboard (TSX:PWT)

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Post by whoLuLuon Jun 15, 2017 2:16am

Post of the day.. (regards Fish)

Top ten reason why PennWest is meeting with RBC today  1- David French wants to quit, and PWE needs to pay out his severance package.  2- PennWest needs to borrow money to finance their ...more  
Comment by NPD312on Jun 14, 2017 10:30pm

RE:RE:RE:Is Shale Productivity Bumping Up Against Its Limits?

Haha thanks!   I wasn't focusing on the colourful picture which obviously is what got your attention...send me your address so I can buy you a box of crayola crayons to colour with.   ...more  
Post by makedonkaon Jun 14, 2017 7:53pm

Is Shale Productivity Bumping Up Against Its Limits?

https://energyfuse.org/shale-productivity-bumping-limits/
Post by makedonkaon Jun 14, 2017 4:41pm

Fire breaks out at Mexico's top refinery

"A major fire broke out at Mexican state oil producer Pemex's Salina Cruz refinery on Wednesday after a crude spill, injuring nine people and extending the shutdown of the plant into a second ...more  
Post by makedonkaon Jun 14, 2017 4:38pm

Cuba Scrambles As Venezuela’s Oil Industry Collapses

"As Venezuela’s oil industry goes down it flames, it’s looking like it may just take Cuba down with it. Venezuela, once the crude powerhouse of South and Central America, is no longer able to ...more  
Post by makedonkaon Jun 14, 2017 2:37pm

Saudi Arabia's oil exports seen below 7m bpd in summer

"Saudi Arabia's crude exports are expected to fall below 7 million barrels per day this summer, according to industry sources familiar with the matter, and shipping data so far supports those ...more  
Post by whoLuLuon Jun 14, 2017 2:29pm

more bad news

https://www.cnbc.com/2017/06/13/oil-prices-fall-on-opec-output-increase-rising-us-crude-stocks.html
Post by makedonkaon Jun 14, 2017 1:27pm

Penn West management to meet with RBC Capital

"Meeting to be held in New York on June 14 hosted by RBC Capital. https://thefly.com/landingPageNews.php?id=2565990&headline=PWE-Penn-West-management-to-meet-with-RBC-Capital
Post by makedonkaon Jun 14, 2017 12:24pm

PWT can still achieve its growth projections at $40

"In Penn West's case, it's on pace to deliver mid-teens production growth this year while only spending about 80% of projected funds from operation. Because of that, the company can still ...more  
Post by makedonkaon Jun 14, 2017 9:28am

Qatar Crisis Spills Into Libya

""The Qatar crisis is reverberating in Libya, inflaming political divisions in the war-torn oil exporter and dragging commodity-trading giant Glencore Plc into a dispute over ...more  
Post by makedonkaon Jun 14, 2017 9:25am

Shale Drillers May Be Digging Own Hole

"U.S. shale is coming perilously close to puncturing its own rally. Just months after predicting double-digit production increases, largely based on crude prices sitting between $55 and $60 a ...more  
Post by whoLuLuon Jun 14, 2017 7:03am

WHAT ??? $30 / bbl ??

https://www.cnbc.com/2017/06/13/crude-oil-could-drop-to-30-again-as-oversupply-may-persist-fesharaki.html
Post by makedonkaon Jun 13, 2017 9:07pm

If Russia's Right, Oil Investors Are In For A Big Surprise

"In this piece, I decided to look at some recent comments by Alexader Novak, Russia's Energy Minister, and see his thoughts about excess oil. What I noticed is that, if he is correct ...more  
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