Penn West Petroleum Ltd.

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Description

Penn West Petroleum Ltd. (TSX: PWT) (NYSE: PWE). Penn West is one of the largest conventional oil and natural gas producers in Canada. Our goal is to be the company that redefines oil & gas excellence in western Canada. Based in Calgary, Alberta, Penn West operates a significant portfolio of opportunities with a dominant position in light oil in Canada on a land base encompassing approximately five million acres.

Penn West is a development and production company focused on profitability with goals of growing production per share, cash flow per share and strengthening its balance sheet position. We are committed to maximizing the efficiency of our capital programs and the reliability of our production base while growing the oil and liquids weighting of total production.

Mr. Dyck brings over 25 years of experience in largely senior financial and leadership roles within the Canadian energy industry and brings to Penn West a proven value creation track record. He was most recently the CFO of a Calgary energy company focused on developing natural gas conversion projects combined with in-situ coal gasification technology. Prior to that, David served as the President and Chief Operating Officer of Ivanhoe Energy Inc, where he was instrumental in reorganizing and refocusing that company's efforts worldwide. Mr.

Mr. Roberts brings more than 30 years of operational experience in the upstream oil and gas business most recently as former Executive Vice President and Chief Operating Officer of Marathon Oil Corporation. His knowledge and successes on such a very large scale make him a welcome addition to the senior management team at Penn West.

Penn West endeavors to provide accurate and current information at this website. However, all such information and software algorithms are provided "as is" and "as available". The website content may not always be the most current source for company information.

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