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Oil producer Penn West to cut jobs, suspend dividend

Discussion in 'Market News' started by Lily, Sep 1, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Sept 1 (Reuters) - Canadian oil and gas producer Penn West Petroleum Ltd said it would lay off about 35 percent of its workforce and suspended its dividend as it copes with a slump in crude oil...
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