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Veren Inc 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 Moemoney42on Nov 06, 2023 7:35pm
308 Views
Post# 35720496

RE:RE:RE:New Press Release - Crescent Point Transforms Portfolio with Strategic Alberta Montney Consolidation

RE:RE:RE:New Press Release - Crescent Point Transforms Portfolio with Strategic Alberta Montney ConsolidationJust looked at the map accompaning today's press release..  a beautiful fit to their existing holdings and completes a continuous fairway between both their fields now. A great strategy IMO which mimics the way they developed plays in Sask.. dominate an area and have an extensive drilling campain with synergies of the close proximity of their holdings.. a great move.. could take a  bit of time for the market to realize this, just like it did when they first moved into the Montenay/Kaybob area IMO
That move into this region was a great move and this addition will prove to be as well IMO.. in for the long haul still.. ;-)


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