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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 May 21, 2017 9:20am
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Post# 26268660

Exxon Labor Negotiations Fall Apart, Threaten Nigerian Oil

Exxon Labor Negotiations Fall Apart, Threaten Nigerian Oil “The meeting broke down, and as of this morning our action has been escalated,” Gbenga Ekundayo of the Petroleum and Natural Gas Senior Staff Association of Nigeria, or Pengassan, said over the phone from the capital of Lagos. “Our people in the field have started withdrawing their services, which will automatically translate to production loss. We are pulling out completely.”

https://oilprice.com/Latest-Energy-News/World-News/Exxon-Labor-Negotiations-Fall-Apart-Threaten-Nigerian-Oil-Production.html
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