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PENN WEST ENERGY TRUST

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TSX:PWT.UN (CAD)  18.56 [-0.22 (-1.17%)] Nov 6 2009 - Close

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Type: Public
Classification: Track
Advanced or Above
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425 - 1ST STREET S.W, SUITE 2200
CALGARY
Alberta
Canada, T2P 3L8
Phone: +1 (403) 777-2500
Fax: +1 (403) 777-2699
Toll Free: 1-866-693-2707

Comparable Companies

Company Summary

Penn West Energy Trust is the largest conventional oil and natural gas producing income trust in North America. Based in Calgary, Alberta, Penn West operates throughout the Western Canadian Sedimentary Basin. Penn West’s first half 2009 projected production approximately 180 mboe per day, of which just under half is natural gas.

Company News

Wednesday, August 12, 2009
Penn West Energy announced second quarter production which averaged 180,601 boe per day and was weighted 58 percent to oil and natural gas liquids. This production level again exceeded our guidance of 180,000 boe per day before net dispositions or an average of approximately 177,000 boe per day after net dispositions that were completed in the first two quarters of 2009. Crude oil and NGL production averaged 104,070 barrels per day. Financial results reported a net loss of $41 million ($0.10 per unit-basic) in the second quarter of 2009 compared to net loss of $323 million ($0.86 per unit-basic) in the second quarter of 2008.

News Releases

Thursday, November 05, 2009
Wednesday, October 14, 2009
Friday, September 18, 2009

News on the Web

Wall Street Journal Online - 2 days ago
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