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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 Apr 03, 2017 12:18pm
119 Views
Post# 26068412

Syncrude oil sands project cuts April production to zero

Syncrude oil sands project cuts April production to zero

"The Syncrude oil sands project in northern Alberta has cut its production to zero for all of April following a fire last month, three market sources said on Monday.

Syncrude, which is majority-owned by Suncor Energy, previously said shipments of synthetic crude were expected to restart at up to 50 percent of the plant's 350,000 barrel-per-day capacity in mid-April."


(Reporting by Nia Williams and Catherine Ngai)

https://af.reuters.com/article/energyOilNews/idAFL2N1HB0WZ

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