Penn West ponders asset sales
Canadian light oil producer seeks greater market for Duvernay holdings; targets 90-130 Spearfish wells in Manitoba’s Bakken sector
For Petroleum News Bakken
Calgary-based Penn West Exploration is looking to either sell or land a joint-venture partner to develop its liquids-rich gas assets in Alberta’s Duvernay play, while turning its main focus to the Spearfish play in southern Manitoba’s portion of the Bakken.
Company President Murray Nunns said Penn....
[additional news subjects in this story]
Spearfish tight-oil spending
Cardium asset significant
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