Penn West Announces Operational Update, 2016 Capital Budget and Provides Full Year Guidance

- Oil and Energy
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CALGARY, Jan. 28, 2016 /CNW/ – PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE.BC) (“Penn West”, “we”, “us” or “our”) announces that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016.  This budget responds to the significant decline…