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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 11, 2017 5:30pm
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Post# 26109406

API data show weekly U.S. crude supplies down 1.3 million

API data show weekly U.S. crude supplies down 1.3 million "The American Petroleum Institute late Tuesday reported a decline of 1.3 million barrels in U.S. crude supplies for the week ended April 7, according to sources. The API data also showed a drop of 3.7 million barrels in gasoline supplies and a fall of 1.6 million barrels in distillates, sources said. Supply data from the Energy Information Administration will be released Wednesday morning. Analysts polled by S&P Global Platts forecast an increase of 125,000 barrels in crude inventories. May crude CLK7, +0.60% was at $53.40 a barrel in electronic trading, unchanged from the contract’s settlement on the New York Mercantile Exchange."

https://www.marketwatch.com/story/api-data-show-weekly-us-crude-supplies-down-13-million-barrels-sources-2017-04-11
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