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Penn West profit drops 99%
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Upstreamonline.com
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November 05, 2009
The oil trust said today that net income fell to C$7 million (US$6.59 million), or 2 Canadian cents per trust unit, in the quarter from C$1.06 billion, or C$2.73 per trust unit, in the same quarter last year, when returns were inflated by gains from the company's hedging programme. Still, the result...
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