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Home > Company Index > Energy > Oil & Gas Exploration & Production > Penn West Petroleum Ltd.
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Penn West Petroleum Ltd. |
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NEWS FROM THE WIRES |
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Toronto stocks to open lower on tech gloom Aug 16 2001 06:12 AM PDT
Toronto stocks to open lower on tech gloom Aug 16 2001 06:12 AM PDT
Penn West Q2 profit climbs 64 percent on volumes Aug 16 2001 05:43 AM PDT
Penn West Q2 profit climbs 64 percent on volumes Aug 16 2001 05:43 AM PDT
Australian stocks ease early, Brambles slumps Aug 09 2001 05:42 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Penn West Petroleum pumps gas and oil from the ground in western Canada to ensure black ink flows from its auditor's pen. The company has oil and gas holdings in Alberta, Saskatchewan, and British Columbia. It has proved reserves of 164.1 million barrels of oil and 931.3 billion cu. ft. of natural gas, and has daily production rates of 306.2 million cu ft. of natural gas, and 32,462 barrels of oil. Penn West has some 2.8 million acres of undeveloped land. The company has been aggressively acquisitive, and also grows "through the drill bit" (increasing production).
COMPETITION |
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Alberta Energy Company Ltd. (AOG)
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Rio Alto Exploration Ltd. (RAX)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 496.90
1-Yr. Sales Growth: 73.4%
Employees: 287
Revenue per employee: $1,731,358.89
KEY PEOPLE |
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William E. Andrew
CEO
Gerry J. Elms
CFO
CONTACT INFO |
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425 1st St. SW, Ste. 2000
Calgary Alberta T2P 3L8, Canada
Phone: 1-403-777-2500
Fax: 1-403-777-2699
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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