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.

TSX:VRN - Post by User

Veren Inc

Bullboard Posts

Comment by Jmarks1on Jan 30, 2014 5:01pm

347 Views

Post# 22155405

RE:RE:RE:Oh boy!! A Torquay hit.

Thanks for the info poise. When you say new wells in Torquay/Viewfield, new since when?
In the summer the CEO stated they would be flowing around 10,000 bpd from viewfield this year, if they are already flowing 5400 then I would agree it could be a game changer!

It sure is hard to get information on oil well development in Canada! A few years ago I was interested in Oilexco so I did some research on their field. It was amazing that I could find everything a person would want to know including flow rates, and it didn't cost a cent.

BTW EBITA should increase this year around 3% due to the dollar dropping, read this in the Globe when the dollar was still 92 cents. It's going to be an interesting year!

One piece of important information I''ve not yet ascertained yet is the decline rates on the lower formation.

Bullboard Posts

Catch up with companies that got a Stanley Cup Playoffs boost