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Veren Inc T.CPG


Primary Symbol: T.VRN Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Bullboard Posts
Comment by bagoon Jul 06, 2018 7:25pm
178 Views
Post# 28280242

RE:RE:RE:I smell a take-over here

RE:RE:RE:I smell a take-over here
This is true and the trade would not happen during blackout but Lamont knew this would be reported during the blackout period. The point is it was bad judgement by him and bad timing and admitted to that fact. There is no takeover coming and assets are on the market but no buyers willing to pay the right price. I can honestly say that we will see a difference in how the company will be run going forward. Bryksa is an advocate of creating shareholder value through capital allocation and you will see that starting in Q2. Patience is needed and time as well and for those willing to wait they will be rewarded. This doesn't mean we can't trade the stock as we see fit. GLTA to all here!
Bullboard Posts