News Release Issued: June 15, 2012 5:19 PM EDT
Penn West Exploration Announces Renewal of Its Bank Facility
CALGARY, June 15, 2012 /CNW/ - (TSX-PWT; NYSE - PWE) Penn West Petroleum Ltd. ("Penn West Exploration") closed the renewal of its unsecured, revolving bank facility on June 15, 2012. The facility has a four year term maturing on June 30, 2016 and includes a syndicate of Canadian and International banks.� The facility has an aggregate borrowing limit of $3.0 billion.� This renewal was jointly led by BMO Capital Markets and Canadian Imperial Bank of Commerce.
Penn West Exploration common shares are listed on the Toronto Stock Exchange under the symbol PWT and on the New York Stock Exchange under the symbol PWE.
For further information:
PENN WEST EXPLORATION
Penn West Plaza
Suite 200, 207 - 9th Avenue SW
Calgary, Alberta T2P 1K3
Murray Nunns, President & Chief Executive Officer
Phone: 403-218-8939
E-mail:� murray.nunns@pennwest.com
Jason Fleury, Senior Manager, Investor Relations
Phone: 403-539-6343
E-mail:� jason.fleury@pennwest.com
Investor Relations:
Toll Free: 1-888-770-2633
E-mail:� investor_relations@pennwest.com
Phone: 403-777-2500
Fax: 403-777-2699
Toll Free: 1-866-693-2707
Website:� www.pennwest.com
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Penn West Energy Trust
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CODE : PWE |
ISIN : CA7078871059 |
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Penn West Energy Trust is a and oil producing company based in Canada. Penn West Energy Trust holds various exploration projects in Canada. Its main exploration property is SWAN HILLS in Canada. Penn West Energy Trust is listed in United States of America. Its market capitalisation is US$ 80.7 millions as of today (€ 73.8 millions). Its stock quote reached its highest recent level on May 29, 2009 at US$ 9.98, and its lowest recent point on April 01, 2020 at US$ 0.15. Penn West Energy Trust has 504 340 988 shares outstanding. |