Penn West Announces $321 Million Sale of Royalties
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Penn West Petroleum (PWE) Sells $321M in Royalties
April 14, 2015 3:29 PM EDTPenn West Petroleum (NYSE: PWE) is pleased to announce that it has entered into definitive agreements with Freehold Royalties Ltd. (TSX: FRU) relating to the sale by Penn West of an 8.5 percent gross overriding royalty in its working interests in a portion of the Viking play located in the Dodsland area of Saskatchewan and certain of its existing royalties and mineral title lands located in... More
