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Press release from CNW Group

Penn West Exploration to present at CIBC Whistler Institutional Investor Conference

Friday, January 13, 2012

Penn West Exploration to present at CIBC Whistler Institutional Investor Conference18:22 EST Friday, January 13, 2012CALGARY, Jan. 13, 2012 /CNW/ - Penn West Exploration (TSX: PWT) (NYSE: PWE) wishes to notify interested parties that Hilary Foulkes, Executive Vice President and Chief Operating Officer, will be presenting at the CIBC Whistler Institutional Investor Conference on Thursday, January 19th, 2012 at 3:30pm PST(4:30pm MST) in Whistler, British Columbia. We invite interested parties to visit http://webcasts.welcome2theshow.com/whistler2012/pennwest at the presentation time noted above to listen to an audio webcast of the presentation.For further information: PENN WEST EXPLORATION Suite 200, 207 - 9th Avenue SW Calgary, Alberta T2P 1K3 Murray Nunns, President & Chief Executive Officer Phone: 403-218-8939 E-mail: murray.nunns@pennwest.com Jason Fleury, Senior Manager, Investor Relations Phone: 403-539-6343 E-mail: jason.fleury@pennwest.com Investor Relations: Toll Free: 1-888-770-2633 E-mail: investor_relations@pennwest.com Phone: 403-777-2500 Fax: 403-777-2699 Toll Free: 1-866-693-2707 Website: www.pennwest.com