UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Penn West Petroleum
(Name of Issuer)
Common Stock
(Title of Class of Securities)
707887105
(CUSIP Number)
Ms.Qing Jian,Ho Cheuk Fund,2906 China Resources Bldg,
Wan Chai,HK;
(852) 3127 0600
(Name,Address and Tel No. of Person Authorized to
Receive Notices and Communications)
February 12, 2016
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition that is the subject
of this Schedule 13D, and is filing this
schedule because of 240.13d 1(e), 240.13d1(f) or 240.13d1(g),
check the following box.
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See 240.13d 7 for other parties to whom copies are to be sent.
The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover
page shall not be deemed to be "filed" for the purpose
of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
CUSIP No. ....707887105
1. Names of Reporting Persons. Grand Honest Limited
I.R.S.Identification Nos. of above persons (entities only)
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) .
(b) See Exhibit 1
3.
SEC Use Only.
4.
Source of Funds (See Instructions)OO.
Purchased 4,500,000 shares
of Penn West Petroleum common stock for aggregate
consideration of $3,387,935.42.
5.
Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) .
6.
Citizenship or Place of Organization Utah Corporation.
British Virgin Islands
Number of Shares Bene-ficially by Owned by Each
Reporting Person With
7.
Sole Voting Power
8.
Shared Voting Power. 4,500,000
9.
Sole Dispositive Power
10.
Shared Dispositive Power 4,500,000
11.
Aggregate Amount Beneficially Owned
by Each Reporting Person 4,500,000
12.
Check if the Aggregate Amount in Row (11)
Excludes Certain Shares (See Instructions)
13.
Percent of Class Represented by Amount in Row (11)
0.8961%
14.
Type of Reporting Person (See Instructions) IV
Item 1. Security and Issuer
707887105, common equity of Penn West Petroleum
Item 2. Identity and Background
(a)
Grand Honest Limited
(b)
2906 China Resources Building, Wan Chai, Hong Kong
(c)
Limited Corporation
(d)
No
(e)
No
(f)
British Virgin Islands
Item 3. Source and Amount of Funds or Other Consideration
Source: capital from investors of the fund;
Amount: US$3,387,935.42
to purchase 4,500,000 shares of common stock
of Penn West Petroleum, or 0.8961% of total shares
outstanding, calculated based on 502.2 million
shares of common stock
outstanding as of February 12, 2016
Item 4. Purpose of Transaction
financial investment
(a) N/A
(b) N/A
(c) N/A
(d) N/A
(e) N/A
(f) N/A
(g) N/A
(h) N/A
(i) N/A
(j) None
Item 5. Interest in Securities of the Issuer
(a)
4,500,000 shares, 0.8961% of total shares outstanding.
(b)
N/A
(c)
N/A
(d)
N/A
(e)
N/A
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer
no relationships with the issuer. The purchase is purely
for financial investment purpose.
Item 7. Material to Be Filed as Exhibits
We have hard copy but we don't know how to upload.
EXHIBIT 1 Members of a Group
Ho Cheuk Fund has purchased 31,876,797 shares
of common stock of Penn West Petroleum,
accounting for 6.3474% of issued shares,
calculated based on 502.2 million
shares outstanding as of January 22, 2016.
Schedule 13D has been filed to the SEC.
On January 29, 2016, Grand Honest Limited,
a related party of Ho Cheuk Fund, purchased
4,000,000 shares of common stock of Penn
West Petroleum, or 0.7965% of issued shares
calculated based on 502.2 million shares
outstanding.
Collectively Ho Cheuk Fund and Grand Honest
Limited own 35,876,797 common shares of Penn
West Petroleum, accounting for 7.1439% of
issued shares, calculated based on 502.2 million
shares outstanding as of January 29, 2016. Schedule
13D has been filed to the SEC.
On February 5,2016, Grand Honest Limited,
purchased 5,000,000 shares of common stock of
Penn West Petroleum, or 0.9956% of issued shares
calculated based on 502.2
million shares outstanding.
Collectively Ho Cheuk Fund and Grand Honest Limited own
40,876,797 common shares of Penn West Petroleum,
accounting for 8.1395% of issued shares, calculated
based on 502.2 million shares outstanding as of
February 5, 2016. Schedule 13D has been filed to the SEC
On February 12, 2016, Grand Honest Limited, purchased
4,500,000 shares of common stock of Penn West Petroleum,
or 0.8961% of issued shares calculated based on 502.2
million shares outstanding.
Ho Cheuk Fund and Grand Honest Limited own 45,376,797
common shares of Penn West Petroleum, accounting for
9.0356% of issued shares, calculated
based on 502.2 million shares outstanding
as of February 12, 2016.
Signature
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth
in this statement is true, complete and correct.
Date February 16, 2016
Signature /s/
Name/Title Cheung Mui, Director
Attention: Intentional misstatements or omissions of
fact constitute
Federal criminal violations (See 18 U.S.C. 1001)