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Stock Market & Financial Investment News

News Breaks
January 10, 2013
05:07 EDTPWEPenn West Exploration approves capital budget of $900M
The 2013 Base Capital Budget is $900M and includes an option to layer in up to $300M of incremental capital weighted in the second half of the year. This incremental capital is subject to commodity price and crude oil differential realizations, demonstrating expected capital efficiencies and ongoing strategic portfolio management. Penn West will announce in advance, if the company plans to spend beyond the Base Capital Budget of $900M.
News For PWE From The Last 14 Days
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October 23, 2014
06:45 EDTPWEPenn West sees 2014 production above mid-point of 101K-106K Boe/d view
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06:42 EDTPWEPenn West sells $355M in non-core assets
Penn West has signed an agreement to sell non-core assets located in south central Alberta for expected proceeds of approximately $355M to a private company. The assets are currently producing approximately 7,500 boe/day. The disposition represents less than 5% of the company's proved and probable reserve base of 625Mboe. The company expects the transaction to close in early December. These assets were not allocated any current or future development capital under the company's long-term plan.
06:39 EDTPWEPenn West backs FY14 production guidance of 101K boepd-106K boepd
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06:37 EDTPWEPenn West to sell $355M non-core assets
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October 15, 2014
06:04 EDTPWEStocks with implied volatility above IV index mean; PWE SD
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October 13, 2014
12:33 EDTPWEOptions with increasing implied volatility
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