Penn West (PWE) +2% premarket after updating its asset-sale program, saying it has agreements in...

|About: Penn West Petroleum Ltd. (PWE)|By:, SA News Editor

Penn West (PWE) +2% premarket after updating its asset-sale program, saying it has agreements in principle to sell certain non-core properties for ~C$1.3B. PWE does not identify the assets or the buyers, but confirms more than one sale was involved and that the properties currently yielded production of 12K boe/day.