Penn West Energy Trust (PWT_UN.TO,PWE) said Friday that it has closed the previously announced asset swap. Penn West exchanged certain interests in the Leitchville area of Saskatchewan for interests complimenting Penn West's light oil resource plays at Pembina and at Dodsland. In addition, Penn West received cash consideration of $434 million, prior to closing adjustments.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.