Penn West Exploration (TSX: PWT, NYSE: PWE). Penn West is one of the largest conventional oil and natural gas producers in Canada. Penn West operates a significant portfolio of light oil in Canada. Based in Calgary, Alberta, Penn West operates throughout western Canada on a land base encompassing nearly six million acres.
Penn West is a dividend paying exploration and production company with a large and diversified asset portfolio, experienced and specialized technical teams, and an extensive inventory of internal opportunities. We are committed to maximizing the efficiency of our capital programs and the reliability of our production base while continuing to improve the company’s balance sheet. These strategies achieve a balance that provides our shareholders with a meaningful dividend as we demonstrate the value inherent in Penn West.