Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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.

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Veren Inc

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Comment by poiseon Feb 16, 2012 10:16pm

761 Views

Post# 19547304

RE: RE: RE: RE: 45.25 PP--real bad news....

Held the compnay since 2004 and its been a spectacular ride.

Second Wave Energy (CPG Partner) just heard drilling some huge Beaverhill Lake wells.

"With average flow test rates so far exceeding 600 bbls per day per well over test periods ranging from three to 60 days, Second Wave Petroleum Inc. says its light oil Beaverhill Lake drilling program at Judy Creek continues to gain momentum.

The company anticipates drilling 39 (16.8 net) Beaverhill Lake light oil horizontal wells in 2012. To date at Judy Creek, Second Wave has drilled, completed and brought on production a total of 18 (nine net) horizontal Beaverhill Lake oil wells with six (three net) wells waiting on completions and three (1.2 net) wells currently drilling."

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