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

Bullboard Posts

Post by Kaybobon Mar 07, 2019 10:01am

165 Views

Post# 29454685

3.7B Impairment

I was expecting this to put big pressure down on the stock......guess the market already worked this in. Interesting time in the oil business. They are in the middle of a 21,000 bbl per day asset sale and deadline is soon. Hopefully this goes well but wonder how could it. Hope they dont fire sale it all.

Bullboard Posts

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