GREY:LSTMF - Post by User
Post by
Sonofmshadeon Jun 15, 2016 7:04am
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Post# 24966370
Penn West Metrics
Penn West Metrics Penn West Petroleum Ltd. (PWT) added seven cents to $1.68 on 12.9 million shares, on top of the 45 cents it added yesterday after (as discussed in yesterday's Energy Summary) agreeing to sell about 17,000 barrels of oil equivalent a day worth of non-core assets for $1.1-billion
So yeah this company with production of around 24-26 of prime light oil and properties should go bankrupt over a 32 million interest payment or a cheap LOC power play by a couple bad actors.