03:38 PM EST - Penn West Petroleum Ltd. : announced its results for 2011. Funds flow for 2011 totaled $1.537 billion compared to $1.185 billion in 2010 as a result of stronger commodity prices and a year-over-year increase in our light-oil production. Net income for 2011 totaled $638 million compared to $1.1 billion in 2010. Penn West Petroleum Ltd.
shares T.PWT are trading up $0.38 at $22.03.
