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Penn West Exploration provides results of contingent resources studies


Published Aug 12, 2013
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Penn West Petroleum Ltd.

Penn West Petroleum announce the results of contingent and prospective resource studies recently completed by an independent qualified reserves evaluator on behalf of the Company, covering the Company's interests in the Slave Point, Viking, Waskada, Swan Hills and Cardium. The Resource Reports further substantiate Penn West's ongoing assessment of the oil resources potential contained in its asset base.

The Resource Reports were prepared by Deloitte LLP ("AJM Deloitte") and are effective as of March 31, 2013. In addition to evaluating the Contingent Resources in each play, the Resource Reports include an estimate of the Total Petroleum Initially-in-Place ("Total PIIP") attributable to Penn West's interests.

Tags: Penn West Petroleum Ltd.




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