CALGARY, June 15, 2012 /PRNewswire/ - (TSX-PWT; NYSE - PWE) Penn West Petroleum Ltd. ("Penn West Exploration") closed the renewal
of its unsecured, revolving bank facility on June 15, 2012. The
facility has a four year term maturing on June 30, 2016 and includes a
syndicate of Canadian and International banks. The facility has an
aggregate borrowing limit of $3.0 billion. This renewal was jointly
led by BMO Capital Markets and Canadian Imperial Bank of Commerce.
Penn West Exploration common shares are listed on the Toronto Stock
Exchange under the symbol PWT and on the New York Stock Exchange under
the symbol PWE.
SOURCE Penn West Exploration