Penn West books $87m loss

Canada’s Penn West Petroleum has booked a C$96 million ($87 million) loss for the first quarter as production fell 22% as a result of divestments.

Downward direction: Penn West records loss-making quarter
Downward direction: Penn West records loss-making quarter
Published 1 May 2014, 11:00Updated 1 May 2014, 11:07
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