Penn West sells royalty stake to tackle debt
Gary Park For Petroleum News Bakken
Penn West Petroleum is skimming off Saskatchewan assets from its Viking oil play on the western fringes of the Williston Basin as part of a C$321 million deal to cut debt and ride out stormy crude prices.
It is selling almost 45,000 acres of Dodsland land where production is 93 percent liquids and w....
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