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August 8, 2013 /PRNewswire/ --
PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST" or the "COMPANY") is pleased to announce its results for the second quarter ended
June 30, 2013. All figures are in Canadian dollars unless otherwise stated.
Gross revenues include realized gains and losses on commodity
The terms "funds flow", "funds flow per share-basic", "funds flow per
share-diluted" and "netback" are non-GAAP measures. Please refer to
the "Calculation of Funds Flow" and "Non-GAAP Measures Advisory"
(2) sections below.
(3) Includes capital carried by partners.
Includes dividends paid prior to amounts reinvested in shares under
(4) the dividend reinvestment plan.
Please refer to the "Oil and Gas Information Advisory" section below
(5) for information regarding the term "boe".