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Penn West Petroleum Ltd.

09:56 AM EST - Penn West Petroleum Ltd. : announced its results for the third quarter ended September 30, 2012. Funds flow was $344 million ($0.72 per share - basic) in the third quarter of 2012 compared to $348 million ($0.74 per share - basic) in the third quarter of 2011. Funds flow for the third quarter of 2012 included $66 million ($0.14 per share - basic) realized from monetizing a portion of the company’s 2013 crude oil collars and its 2013 foreign exchange contracts. Penn West Petroleum Ltd. shares T.PWT are trading down $0.29 at $12.74.