Penn West Announces Further Actions In Response To Current Commodity Price Environment And Updates 2015 Guidance
PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) (“Penn West“, “we“, “us” or “our“) announces it has taken the following further actions in response to the current commodity price environment: we will limit our capital expenditures to funds flow from operations by year-end 2015 we will suspend our dividend and reduce board compensation we will significantly reduce our