Daily Infographic: Penn West’s Recent Asset Divestitures

Penn West Petroleum Ltd.’s latest asset divestiture closed on April 18, 2016, and resulted in the company receiving C$148 million for its Slave Point assets in Northern Alberta. The company is also set to receive a total of $80 million for some other non-core assets; C$50 million of this total has already been received, with the balance of C$30 million to be received before the end of June when the relevant transactions are finalized.

Access today’s infographic from the top navigation bar, or click or tap here to go to the infographic directly.

  • Sections:
  • M&A