Home Penn West Petroleum records $728-million net loss, lower funds flow in Q4
 

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Penn West Petroleum records $728-million net loss, lower funds flow in Q4

2014-03-07 16:45:57| Energy - Topix.net

Penn West Petroleum Ltd. had a $728-million net loss in the fourth quarter, mostly due to non-cash asset impairment charges related to the company's disposal of natural gas assets late last year as it focuses on light oil production in Western Canada.

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