Penn West in danger of defaulting on debts, oil company warns

[news]

http://i.cbc.ca/1.3346366.1449019066!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/alberta-energy-layoffs-20150901.jpg Calgary-based oil company says it is in danger of defaulting on some of its debts as early as the second quarter of this year, but is working with its lenders to make sure that doesn't happen.


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