Penn West Petroleum Ltd. (TSE:PWT) said it is considering selling assets
A Calgary-based oil company says it is in danger of defaulting on some of its debts by the end of June, but is working with its lenders to make sure that doesn’t happen.
Penn West Petroleum Ltd. said in its quarterly earnings on Monday that it is considering selling assets and raising capital via other means in order to pay its debts and stay in business.
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