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."

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PENN WEST PETROLEUM LTD.

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Post by makedonkaon Apr 30, 2017 4:18pm

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Post# 26184910

Iran will NOT increase production

"Asked by reporters about the probability of extending the deal for six more months, Zanganeh said, "During the past few days, we received positive signals from OPEC and non-members, in particular Russia, about extending the agreement for the second half of 2017. We will back the agreement."

""Despite plans to increase production, Iran will stick to the level it has already accepted," the minister said."

https://financialtribune.com/articles/energy/63415/zanganeh-backs-extension-of-crude-supply-cuts

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