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 Jan 10, 2014 7:20pm

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Post# 22080336

RE:RE:RE:Torquay hit

12 wells drilled to date. All along T1R12w2M. Average well performance 820 BOPD, one well producing 1150 BOPD, currently 24 new licences within this pool.
Husky Energy caught on the play as they licenced 9 wells near the discovery. It appears the majority of the CPG drilling is located within or near the discovery. Two wells are 2 mile hz legs with probably 60 fracks. Baytex drilled 6 miles east within the Torquay producing 225 BOPD. It appears CPG lands are within the sweet spot. These lands all purchased from the Ryland lands.
Poise

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How a junior advances one of the largest undeveloped diamond projects