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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. > Operators shut 17 percent of Gulf of Mexico oil output
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Post by makedonka on Jun 22, 2017 9:41am

Operators shut 17 percent of Gulf of Mexico oil output

"Energy companies have shut roughly 17 percent, or 301,618 barrels per day, of U.S. Gulf of Mexico oil production ahead of Tropical Storm Cindy, the Bureau of Safety and Environmental Enforcement (BSEE) said on Wednesday.

Personnel have been evacuated from 40 platforms in the U.S. Gulf, representing about 5.5 percent of the 737 manned platforms, BSEE added.

One non-dynamically positioned rig has been evacuated, representing about 7 percent of those operating in the Gulf, BSEE said."

https://www.reuters.com/article/us-storm-cindy-operations-idUSKBN19C2MY

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