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Penn West Petroleum Ltd T.PWT

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  PWE

Penn West Petroleum Ltd is is engaged in the operations of light oil in Canada. It also produces conventional oil and natural gas.
Price: $9.86 | Change: $-0.11 | %Change: -1.10%
Volume: 629,744 | Day High/Low: 9.99/9.82 | 52 Week High/Low: 13.00/7.82


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Canada imposes new sanctions on Russia

Canada to impose sanctions on range of Russian firms and banks3 hours ago by Thomson Reuters OTTAWA, July 24 (Reuters) - Canada said on Thursday it would impose sanctions on a range of Russian firms...read more
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"South Duvernay showing strong liquids shows"

Also- Explorers have expanded the reach of the Cardium outside the Pembina core area, turning the play into Alberta’s premier tight oil development, with production over 75,000 barrels per day from...read more
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RE:RE:RE:Talisman Trading Halted; News Pending

makedonka wrote: Friendly advice for you ExtrmeSkiing- You should consider wearing a helmet  next time before you hit the slopes... Let's see what contributation you'll bring to this board in order...read more
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RE:RE:Talisman Trading Halted; News Pending

Friendly advice for you ExtrmeSkiing- You should consider wearing a helmet  next time before you hit the slopes... Let's see what contributation you'll bring to this board in order to participate in...read more
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RE: Keystone pipeline makes economic, environmental sense

The recent oil deal between China and Venezuela should be a wake up call to current administration and the congress. Among other things, the refineries in the gulf are dependent on heavy oil and must...read more
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RE:Talisman Trading Halted; News Pending

Who cares about talisflop, go there not here, dipstick.  rate and reply
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Talisman Trading Halted; News Pending

Should be interesting...  rate and reply
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Keystone pipeline makes economic, environmental sense

He told the crowd of political and business leaders that at least one state is concerned it can’t find enough rail cars to transport other products because oil shipments by rail in the U.S. are up 600...read more
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Northern Courier Pipeline Approved

“We are pleased that the Alberta Energy Regulator has approved Northern Courier, which will be a critical piece of infrastructure to support the long-term plans for growth and increased production...read more
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RE:RE:RE:RE:RE:RE:The price action raises a lot of questions

Thirty days to drill that is.Surprising that from drilling to proving takes so many months... Thank you for the information.  rate and reply
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RE:RE:RE:RE:RE:TLM.... Repsol to make bid

Repsol is NOT state owned. They can buy whatever they want in Canada. The new rules only apply to state owned companies.  rate and reply
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RE:RE:RE:RE:RE:RE:The price action raises a lot of questions

30 days makes more sense.  rate and reply
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RE:RE:RE:RE:RE:The price action raises a lot of questions

Duvernay is one of the deepest formations which takes time to drill, complete and test (these are also very expensive wells). Reporting in the fall is reasonable.  rate and reply
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RE:RE:RE:RE:The price action raises a lot of questions

They have to pump the well for a few months to prove the volume and decline rate  rate and reply
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RE:RE:RE:RE:TLM.... Repsol to make bid

Repsol may pledge to sell Canadian assets, if an issue with the government. They are probably more interested in USA's Marcellus, Eagle Ford and Colombian assets. The latter is booming and is one of...read more
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This is why PWT jumped on Repsol news

They have 10 billion to spend and are focused on the Canadian oilpatch because it's underrepreseted in their portfolio. Talisman would be a big step,” Jason Kenney, an equity analyst at Banco...read more
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RE:RE:RE:RE:RE:TLM.... Repsol to make bid

Darwyn wrote: . HUge volume in PWT's move when you include ATS's in Canada. I am sure there was spill over from the Talisman rumour. Could use several days of this type of momentum, total volume was...read more
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RE:RE:RE:TLM.... Repsol to make bid

Foreign state owned companies are capped at 1billion, and for a very good reason as it turned out with the CNOOC fiasco...  rate and reply
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RE:RE:RE:RE:TLM.... Repsol to make bid

If a deal were to take place it would be subject to FIRA ( foreign invesment review agency). The government is concerned with Sovereign wealth funds / or gov't controlled corps ie. CNOOC/Nexen deal...read more
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RE:RE:RE:TLM.... Repsol to make bid

For Oilsands. TLM has very dispersed assets with no Oilsands. They have just as many, if not more assets outside Canada, than within. Should be not issue in a sale.  rate and reply