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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 May 11, 2017 9:44pm
130 Views
Post# 26234868

3 Reasons Natural Gas Is Heading A Lot Higher

3 Reasons Natural Gas Is Heading A Lot Higher"In short then all three major influences on natural gas are suggesting a move higher, and when that happens, even a natural contrarian such as me has to sit up and take notice. There will no doubt be some bumps on the road as that is the nature of markets, but over the next six months to a year a return to natural gas prices nudging at the $5 mark certainly looks on the cards."

https://oilprice.com/Energy/Natural-Gas/3-Reasons-Natural-Gas-Is-Heading-A-Lot-Higher.html
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