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RB_79

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Tuesday, 09/01/2015 9:37:36 AM

Tuesday, September 01, 2015 9:37:36 AM

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http://www.bnn.ca/News/2015/9/1/Penn-West-to-cut-35-of-work-force-scrap-dividend-on-oil-slump.aspx


Canada’s Penn West Petroleum Ltd. cut its 2015 capital budget for the third time this year, suspended its dividend and said it would lay off about 35 per cent of its work force as it copes with the slump in crude oil prices.
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