Operator · Cardium Shale & Duvernay Shale
Penn West Petroleum Ltd.
36 articles mentioning Penn West Petroleum Ltd. · Page 2 of 2
Penn West Cuts Cardium, Viking Drilling & Completion Costs 40%
Penn West saw a continued reduction in drilling and completion costs and cycle times, notably in the Lodgepole and Crimson Lake areas of the Cardium and the Dodsland area of the Viking.
Penn West Provides Updates Ops at Cardium, Viking Projects
In 2013, Penn West drilled 238 (209 net) operated wells including 59 (54.3 net) wells in the fourth quarter, predominantly focused on light oil and with a success rate of approximately 99 percent.
Penn West Energy Outlines 2014 Plans;Sell $2.0B in Assets
Penn West's long-term plan is centered on operational excellence including effective cost control and development including waterflood support concentrated in its large, light oil resource plays.
Penn West Streamlines Management; Ups Production Focus
Over the next six to eight weeks the Company will continue to review its operating structure and seek ways to become more focused and more competitive as an enterprise.
Penn West Director Steps Down from Board
Penn West Petroleum Ltd. has reported that, effective July 5, 2013, Mr. Allan Markin will be stepping down from the Board of Penn West.
Former Marathon COO to Take Helm at Penn West
David Roberts, former EVP and COO of Marathon Oil, has agreed to terms of employment and will begin his new role as President and Chief Executive Officer commencing June 19, 2013.
Penn West Names Chairman, Vice-Chairman of Board
The company has appointed Mr. Rick George, as Chairman, and Mr. Allan Markin, as Vice-Chairman, effective immediately.
Penn West Shuffles Management Team
Penn West Petroleum Ltd. is pleased to announce several appointments within the Company.
Penn West Tags $900MM Capital Budget
Penn West has a leading position in several emerging and established light-oil resource plays as well as numerous other large scale resource opportunities.
Penn West Closes Previously Announced Non-Core Asset Divestments
Penn West Petroleum announced that it has closed its previously announced divestment of non-core assets. In June of 2012, Penn West announced its intention to divest of $1.0 to $1.5 billion of non-core assets. Effective today,...
Penn West Sees Exit of Four Top Executives
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Penn West Provides Cardium Drilling Update
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Penn West Updates Asset Dispositions, Cardium Update
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Penn West Exploration Continues its Focus on The Cardium
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Penn West Exploration Announces Renewal of Its Bank Facility
Penn West Petroleum Ltd. has closed the renewal of its unsecured, revolving bank facility on June 15, 2012. The facility has a four year term maturing on June 30, 2016 and includes a syndicate of Canadian...
Penn West Exploration Announces Cardium Update
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