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 Sep 09, 2015 1:11am

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Post# 24087978

RE:One thing I know for sure

Conventional HZ drilling at a cost of $900,000 per well in SE Sask will be quite lucrative at $46 oil. Zero debt Privates are embellishing at the low hanging fruit oil properties and expired leases currently being offered by companies like LTS and CNQ, etc. The circle of life(just watch the Lion King in the Calgary theatre) also exists in the oil patch as weak companies will fall and the strong will use the assets to grow at current oil prices. My fourth downturn in my oil patch career and it's always the same thing as lucrative opportunities exist on the other side.
Just sayin'
poise

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