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Penn West Petroleum has regained compliance with the NYSE's Continued listing standard regarding the price of its common stock.
On January 4, 2016 , Penn West received notification from the NYSE that Penn West had fallen below the NYSE's continued listing standard, which requires a minimum average closing price of US$1.00 over a consecutive 30 trading day period. Penn West regained compliance at the close of trading on June 30, 2016 since the average closing price of its common stock for the consecutive 30 trading days ended June 30, 2016 and the closing price of its common stock on June 30, 2016 both exceeded US$1.00 .
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