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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

Bullboard Posts
Post by Lateniteon Feb 13, 2012 5:32pm
395 Views
Post# 19527973

SWA releases first spring runoff outlook, no signi

SWA releases first spring runoff outlook, no signi

SWA releases first spring runoff outlook, no significant flooding expected:

https://www.globalregina.com/swa+releases+first+spring+runoff+outlook+no+significant+flooding+expected/6442579817/story.html


The Saskatchewan Watershed Authority (SWA) has released the first outlook for 2012 on the potential spring runoff for the province and according to its projections, the runoff will be normal or below normal in all parts of the province.

The prediction is based on soil conditions at freeze-up and the existing snowpack at the end of January,

In the agricultural areas, the SWA says there is a low potential for above average runoff.

This is due to the combination of a dry fall and below normal snowpack in all areas expect for the very northeast, which is near normal, and the southwest region, which is well below normal.

One area of the province that was hit hard by last year’s record flooding, the Souris River basin, is predicted to have near normal runoff and Nickel Lake is expected to fill and spill in 2012.

SWA also says the present snowpack conditions across the northern forest and in the north is also near normal.

The agency cautions the prediction is based on limited data and unfavourable weather conditions could result in a higher runoff.

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