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Operator · Cardium Shale & Duvernay Shale

Penn West Petroleum Ltd.

36 articles mentioning Penn West Petroleum Ltd. · Page 1 of 2

Penn West Changes Name to Obsidian Energy

Penn West Changes Name to Obsidian Energy

Penn West Petroleum has changed its name to Obsidian Energy Ltd. The company listed its new stock on the TSX exchange and the NYSE under the symbol "OBE."

Cardium, Viking E&P Increases 2017 Budget 20% to $180 Million

Cardium, Viking E&P Increases 2017 Budget 20% to $180 Million

The company has approved a 2017 total capital budget of ...

2017 by Play: Operators Talking Future Rig, Spending Plans

2017 by Play: Operators Talking Future Rig, Spending Plans

Here is a quick recap of future plans for a variety of plays including the Permian, Eagle Ford, Montney, Cardium and more.

Cardium E&P To Double 2017 Spend

Cardium E&P To Double 2017 Spend

Next year's program will deliver core production growth of at least 10% from the fourth quarter of 2016...

Penn West Regains NYSE Compliance

Penn West Regains NYSE Compliance

Penn West regained compliance at the close of trading on June 30, 2016.

Penn West Talks Tough 1Q; Edges Closer to Default

Penn West Talks Tough 1Q; Edges Closer to Default

Penn West Petroleum Ltd. has reported its financial and operational results for the first quarter ended March 31, 2016.

Penn West to Spend $50MM in 2016; Details 4Q Viking, Cardium Results

Penn West to Spend $50MM in 2016; Details 4Q Viking, Cardium Results

Penn West Petroleum Ltd. has reported its financial and operational results for the year ended December 31, 2015 .

Penn West to Focus on DUC Viking, Cardium Wells in 2016

Penn West to Focus on DUC Viking, Cardium Wells in 2016

Of our $50 million capital budget, we expect that approximately 30% of expenditures will be focused on our operated development programs.

Penn West Stock Falls Below Dollar Mark

Penn West Stock Falls Below Dollar Mark

Penn West Petroleum Ltd. received notification on January 4, 2016 from the New York Stock Exchange that Penn West is no longer in compliance with one of the NYSE's continued listing standards.

Canada : A Look at 21 E&P Companies and Their 2016 Hedges

Canada : A Look at 21 E&P Companies and Their 2016 Hedges

As we embark on 2016, companies will be relying again on their hedge books to protect cash flow from the continous fall in oil & gas prices.

Penn West Leans Out, Targets Spending Within Cash Flow

Penn West Leans Out, Targets Spending Within Cash Flow

Going forward, our total capital expenditures will remain within our funds flow from operations.

Who's Hedged in 2015? Part 2

Who's Hedged in 2015? Part 2

2015 is a good year to be aggressively hedged.

Penn West Revises Capex Downward

Penn West Revises Capex Downward

Much of the $625 mm will be allocated primarily toward the Cardium and Viking core light oil areas.

Penn West Increasing Light Oil Budget in 2015

Penn West Increasing Light Oil Budget in 2015

~$585 million allocated to light-oil development in the Company's three core areas.

Penn West Details 3Q Drilling Plans

Penn West Details 3Q Drilling Plans

The well was successfully drilled to a measured depth of ~5,000 meters and logs were collected over a 1,900 meter lateral section in the well.

Penn West Maintaining Capex for 2015, Relying on High Netbacks

Penn West Maintaining Capex for 2015, Relying on High Netbacks

For 2015, the Board has approved a capital budget of approximately $840 million.

Penn West Appoints New Board Member

Penn West Appoints New Board Member

Board of Directors has appointed Mr. Raymond Crossley, CA to the Board effective February 2015.

Penn West Drills 10 Wells in 2Q 2014

Penn West Drills 10 Wells in 2Q 2014

The Company drilled 10 wells in the quarter and completed a total of 12 wells.

Penn West Hones In on Cardium, Viking Plays in 1Q; Adds Wells

Penn West Hones In on Cardium, Viking Plays in 1Q; Adds Wells

Most notably, the company's Cardium operations saw a big boost in activity.

Penn West Names New Senior VP & CFO

Penn West Names New Senior VP & CFO

David Dyck replaces Todd Takeyasu who today is stepping down from the role.