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Bullboard - Stock Discussion Forum 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,... see more

TSX:PWT - Post Discussion

PENN WEST PETROLEUM LTD. > US State Department To Approve Keystone XL Pipeline Permit
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Post by makedonka on Mar 23, 2017 12:13pm

US State Department To Approve Keystone XL Pipeline Permit

"The U.S. State Department will approve the permit needed to proceed with construction of the Canada-to-U.S. Keystone XL oil pipeline, a project blocked by former President Barack Obama, according to a report by Politico on March 23.

The State Department's undersecretary for political affairs, Tom Shannon, will approve the cross-border permit on or before March 27 for TransCanada Corp.'s (NYSE: TRP) project, the report said. This is at the end of the 60-day timeline that President Donald Trump ordered in January when he called for the construction of Keystone and the Dakota Access pipelines.

When asked about the report, TransCanada spokesman Terry Cunha said: "We're still working with the State Department, and Monday is the deadline, so that's what we're working towards." "



https://www.oilandgasinvestor.com/us-state-department-approve-keystone-xl-pipeline-permit-1488121#p=full
Comment by fortfry on Mar 23, 2017 7:06pm
board is in sad shape. gone from a fart to a whimper. shares appear to be headed for double bottom
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