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Sweeping change proposed for Calgary-based Penn West
2013-06-06 09:56:59| Oil & Gas - Topix.net
The large Calgary oil and gas producer said in a news release Tuesday night its chief executive Murray Nunns, 57, will retire by July 1, its dividend will be chopped in half and it plans to lay off 10 per cent of its staff, listed as 2,130 as of Dec. 31. The changes should make for an eventful first annual general meeting Wednesday afternoon under ... (more)
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Category:Energy and Environment
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