Tough measures in tough timesPenn West tries for fresh start by unloading prized assets in Saskatchewan; more deals expected after year-long downward spiral GARY PARK For Petroleum News
Penn West Petroleum, once a star among Canada’s mid-size petroleum producers, has ended a decade of frequent turmoil by returning itself to the start line.
It has jettisoned one of its two main assets by selling all of its Saskatchewan holdings in the Viking light oil play for C$975 million to Teine....
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