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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Veren Inc > CPG Accretive Acquisition of Kaybob Assets for $900 Million
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Comment by Moemoney42on Feb 17, 2021 5:23pm
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Post# 32588215

RE:RE:CPG Accretive Acquisition of Kaybob Assets for $900 Million

RE:RE:CPG Accretive Acquisition of Kaybob Assets for $900 MillionYeah I saw that too on the NYSE in after hours.. a huge jump..!! Love it.. hope it holds for tomorrow and into the weekend.. ;-)  BP looks my suggestion to hold at $4.20 might have been the right call...??? ;-)
JamesT wrote: This a good purchase? I hestitat about the possibility that they might issue stocks to finance this but as of now CPG up 20% in after hours.





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