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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

Comment by jleer42on Jul 28, 2023 11:58am
139 Views
Post# 35561693

RE:What price will tmx oil fetch

RE:What price will tmx oil fetch

They will ship to wherever makes the most sense. What is important is there is more pipeline capacity for Alberta oil. Fees may be higher than anticpated, but they will still lower overall transportation costs for Canadian oil. Enbridge recently lowered mainline fees, this could be in reponse to the pending tmx.

TMX is 100% a positive development. Sure the cost to build it and some of the things they spent money on have been insane. Those are sunk costs, it will be built and it will be in operation. All good.

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