News Release Issued: Jul 4, 2013 (2:33pm MDT)
To view this release online and get more information about Penn West Exploration visit: http://pennwest.mediaroom.com/index.php?s=27585&item=135194
Penn West Exploration announces the resignation of Mr. Allan Markin
CALGARY, July 4, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT) (NYSE - PWE) ("PENN WEST") announces that effective July 5, 2013, Mr. Allan Markin will be stepping down from the Board of Penn West.
On behalf of the Board of Directors, Chairman, Mr. Rick George commented "we appreciate the contributions Al has made to Penn West in the time he was on the Board.� We will continue to focus on many of the areas of value enhancement he championed."
Penn West continues to progress its transition plans with the Special Committee of the Board, chaired by Jay Thornton, moving forward on a detailed plan to review company strategy and assets. In addition, the company's new President and CEO, Dave Roberts, is now in place working detailed asset reviews, capital spending plans, personnel optimization and organizational structure.
Penn West shares are listed on the Toronto Stock Exchange under the symbol PWT and on the New York Stock Exchange under the symbol PWE.
SOURCE: Penn West Exploration
For further information:
PENN WEST EXPLORATION
Penn West Plaza
Suite 200, 207 - 9th Avenue SW
Calgary, Alberta� T2P 1K3
Phone: 403-777-2500
Fax: 403-777-2699
Toll Free: 1-866-693-2707
Website:� www.pennwest.com�
Investor Relations:
Toll Free: 1-888-770-2633
E-mail:� investor_relations@pennwest.com�
Dave Roberts, President & Chief Executive Officer
Phone:� 403-777-2511
E-mail:� dave.roberts@pennwest.com�
Clayton Paradis, Manager, Investor Relations
Phone:� 403-539-6343
E-mail:� clayton.paradis@pennwest.com
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Penn West Energy Trust
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CODE : PWE |
ISIN : CA7078871059 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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. |