Penn West Petroleum Ltd. (NYSE:PWE)
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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.
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This is an energy dividend play. A large portion of the "foreign Oil" the US uses is from Canada. Plus the Chinese joint venture will strengthen the capital used in development of already owned leases. I love the monthly payments for cash-flow.