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The Company's direct and indirect subsidiaries and partnerships are in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and assets related thereto.
This is a cheap price for this trust right now. The price of oil will rise again. The high dividend yield is a good incentive right now. Penn West is a stong enough company that even when the tax situation changes for trusts in Canada in 2011, it will still be an excellent company to own and hold on to for future growth. Think long term and you can't go wrong buying into this right now.
What effect will the changes in the trust have on this company? Will it have an effect on the dividend to those of us that are in the U.S.? How much will the changes have on the overall profit, if any? How accurate can the answers to these questions be??Ger
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