Jan 16, 2014

CALGARY, Jan. 16, 2014/CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE)("PENN WEST") wishes to notify interested parties that Mr. Dave Roberts, President and Chief Executive Officer, will be presenting at the CIBC Whistler Institutional Investor Conference on Thursday, January 23rd, 2014 at 10:00am PST(11:00am MST) in Whistler, British Columbia.

We invite interested parties to visit: https://webcasts.welcome2theshow.com/whistler2014 at the presentation time noted above to listen to an audio webcast of the presentation.

Penn West is one of the largest conventional oil and natural gas producers in Canada. Our goal is to be the company that redefines oil & gas excellence in western Canada. Based in Calgary, Alberta, Penn West operates a significant portfolio of opportunities with a dominant position in light oil in Canadaon a land base encompassing approximately five million acres.

Penn West shares are listed on the Toronto Stock Exchange under the symbol PWT and on the New York Stock Exchange under the symbol PWE.

SOURCE Penn West

For further information:

PENN WEST
Penn West Plaza
Suite 200, 207 - 9th Avenue SW
Calgary, Alberta  T2P 1K3

Phone: 403-777-2500
Fax: 403-777-2699
Toll Free: 1-866-693-2707
Website: www.pennwest.com

Investor Relations:
Toll Free: 1-888-770-2633
E-mail: investor_relations@pennwest.com

Clayton Paradis, Manager, Investor Relations
Phone: 403-539-6343
E-mail: clayton.paradis@pennwest.com

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