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Penn West Petroleum Ltd. Message Board

  • crotch_iche crotch_iche Apr 1, 2013 10:06 AM Flag

    Chia now owns 5% pf PWE, see the latest 13G

    Since PWE is a conventional oil producer they can takeover PWE without running up against new investment guildlines. Excerpt from 13G below.

    CUSIP No. 707887105

    1

    NAME OF REPORTING PERSONS

    China Investment Corporation

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP



    (a)

    o

    (b)

    o
    3

    SEC USE ONLY



    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    People’s Republic of China

    NUMBER OF SHARES
    BENEFICIALLY OWNED BY
    EACH REPORTING PERSON
    WITH

    5

    SOLE VOTING POWER

    0
    6

    SHARED VOTING POWER

    24,054,154 1
    7

    SOLE DISPOSITIVE POWER

    0
    8

    SHARED DISPOSITIVE POWER

    24,054,154 1
    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    24,054,154 1

    10

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES




    o
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

    5.0%

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PWE
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