This is the largest Canadian Oil & Gas Trust
with huge (4 million acres ) of untapped undeveloped land.
Their assets are in place but at nothing like full value
on the balance sheet. They have more flexibility
+ diversification which allows them to remain profitable if
oil price drops.
Share prices of these trusts appear to have begun a recovery.
Stock = (PWE-N) Penn West Energy petroleum Trust
Exchange = New York Stock Exchange (Agent)
Currency = USD
Type = Buy to Open
Quantity = 50
Price = $30.47
Gross = $1,523.50dr
Net = $1,539.45dr
Trade Date = 22 Mar 2007
Thursday, March 22, 2007
Buy PWE Penn West Energy petroleum Trust
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