TMX group TMXmoney

Penn West Petroleum Ltd. (PWT)
Exchange: Toronto Stock Exchange
$10.360
May 22, 2013, 11:26 PM EDT
Change: 0.30 (2.98%)
Volume: 2,629,321

Day Low
10.100
Day High
10.560
8.820
16.150
Penn West Energy Trust (TSX - PWT.UN) announces the appointment of officers

CALGARY, June 13 /CNW/ - Penn West Energy Trust ("Trust") is pleased to
announce the appointment of officers to Penn West Petroleum Ltd. ("Penn
West"), administrator of the Trust.


William Andrew, P.Eng.,     Bill is a graduate of the University of
 President and Chief        Prince Edward Island and the Technical
 Executive Officer          University of Nova Scotia with over thirty
                            years of oil and natural gas industry
                            ("industry") experience including fourteen
                            years with Penn West. He has been the
                            President of Penn West since 1995.

David Middleton, P.Eng.,    Dave is a graduate of the University of
 Executive Vice President   Toronto with over twenty-five years of
 ("VP") and Chief           industry experience and has been with Penn
 Operating Officer          West since 1999, most recently as Senior Vice
                            President, Production.

Thane Jensen, P.Eng.,       Thane is a graduate of the University of
 Senior VP, Exploration     Oklahoma with over fifteen years of industry
 and Development            experience. He joined Penn West in 1998 and
                            was most recently Vice President,
                            Engineering.

Todd Takeyasu, C.A., VP,    Todd is a graduate of the University of
 Finance                    Lethbridge and a Certified Internal Auditor
                            with over eighteen years of industry
                            experience. He has been with Penn West since
                            1994 in roles of increasing responsibility,
                            most recently as Treasurer.

William Tang Kong, P.Eng.,  William is a graduate of the University of
 VP, Corporate Development  Calgary with degrees in Engineering and
                            Geology and has twenty years of industry
                            experience. He has been with Penn West since
                            1995. William is responsible for creating
                            opportunities from the Trust's extensive land
                            base in western Canada and for evaluating
                            other opportunities for value enhancement for
                            Trust Unitholders.

Kristian Tange, M.B.A.,     Kristian is a graduate of the University of
 VP, Business Development   Calgary and joined Penn West in 1995 where he
                            was most recently Manager, Marketing.
                            Kristian will be responsible for pursuing
                            opportunities for the Trust from alternative
                            energy sources and from enhancement of the
                            Trust's major oil producing properties
                            through tertiary recovery including the lead
                            role in the Pembina CO2 Project. He will also
                            have responsibility for the marketing of the
                            Trust's natural gas, crude oil and natural
                            gas liquids production.

Anne Thomson, P.Geol.,      Anne is a graduate of the University of
 VP Exploration and         Calgary with over twenty-one years of
 Gregg Gegunde, P.Eng.,     industry experience including five years in
 VP Development             roles of increasing responsibility with Penn
                            West. Gregg is a graduate of the University
                            of Calgary with fifteen years of industry
                            experience. Anne and Gregg will have joint
                            responsibility for managing the core assets
                            of the Trust and for enhancing Unitholder
                            value through exploration and development of
                            these assets.

Eric Obreiter, P. Eng.,     Eric is a graduate of University of Alberta
 VP Production              with twenty years of industry experience.
                            Eric will be responsible for optimizing the
                            efficient production of the Trust's producing
                            properties.

These appointments recognize the importance of having a strong,
experienced and cohesive team to develop, enhance and implement Penn West's
strategy for producing superior returns on a sustained basis for Unitholders
of Penn West Energy Trust.

Penn West Energy Trust is a senior oil and natural gas energy trust based
in Calgary, Alberta that trades on the Toronto Stock Exchange under the symbol
PWT.UN.

%SEDAR: 00001973E

Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. View delay times for all exchanges.
Market Data powered by QuoteMedia. See the QuoteMedia and TMX Group Terms of Use.