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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

Post by makedonkaon Mar 08, 2017 11:22am
116 Views
Post# 25950737

Waha field 75,000 bpd could go off line within hours

Waha field 75,000 bpd could go off line within hours

"Libya's Waha Oil May Halt Production as Clashes Keep Ports Shut"

  • "Waha is venture between state producer and foreign partners"
  • "Nation’s total crude output stable at 671,000 barrels a day"

"Production from Waha Oil Co., a venture between Libya’s state oil company and foreign partners, may be suspended Wednesday as clashes in the country’s eastern oil region keep the main export terminals out of service.

“Output from Waha Oil Co. continues to be reduced and may reach a complete halt within coming hours,” Jadalla Alaokali, a board member at National Oil Corp., said by phone."

https://www.bloomberg.com/news/articles/2017-03-08/libya-s-waha-oil-may-halt-production-as-clashes-keep-ports-shut


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