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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

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Post by orlandofl on May 24, 2017 12:03pm

makedonka

how do you explain the dip in canadian oils and oil in general today with decent draws - I guess imports were up - and OPEC looming?
Comment by Summon3r on May 24, 2017 3:04pm
gas and dist numbers were awful considering the time of year even though inline with expectations. apart from that nothing matters but OPEC today. and im getting the feeling we better put our parachutes on if all OPEC doews is announce an extension of current cuts for even 9 months. OPEC needs shock and awe end of story.
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