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PENN WEST PETROLEUM LTD. T.PWT

Energy Oil & Gas E&P
"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

PENN WEST PETROLEUM LTD.
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Post by makedonkaon Apr 07, 2017 9:24am
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Post# 26090535

A New Sheriff in Town

A New Sheriff in Town"President Donald Trump, launching air strikes on Syria overnight, sent a strong message that the U.S. will react quickly and decisively when another country uses chemical weapons. The response establishes that the U.S. will not tolerate the use of such weapons and will not make empty threats when it comes to crossing that line. For oil, we saw a big spike but eased back as the market is thinking that the message has been sent and there may be no more immediate action. Still, with a tightening global oil supply picture, we will see increased geo-political volatility.'>span>

https://blog.pricegroup.com/2017/04/07/a-new-sheriff-in-town-the-energy-report-040717/



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