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PENN WEST PETROLEUM (Stock Symbol: PWE)

PWE- Stock Profile


     
Company Name:PENN WEST PETROLEUM
Stock Ticker (Symbol):PWE
Traded Exchange:New York Stock Exchange
Average Traded Price:$7.48
Average Daily Traded Volume:3,034,800
Started to Trade on:Friday, July 01, 2011

PENN WEST PETROLEUM Profile

Penn West Petroleum Ltd. engages in acquiring, exploring, developing, exploiting, and holding interests in petroleum and natural gas properties and related assets in North America. The company produces light and medium crude oil, natural gas liquids, heavy oil, and natural gas. It operates in two major regions, including the Southern District, which covers properties within Manitoba, Saskatchewan, and southern and east central Alberta with developed and undeveloped land base totaling approximately 3.3 million net acres; and the Northern District encompassing northeastern British Columbia, northern Alberta, parts of west central Alberta, and the Northwest Territories with developed and undeveloped land position of approximately 2.9 million net acres. The company was formerly known as Penn West Energy Trust and changed its name to Penn West Petroleum Ltd. in January 2011. Penn West Petroleum Ltd. was founded in 1979 and is headquartered in Calgary, Canada.

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