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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Bullboard Posts
Post by divestoron Jul 25, 2018 8:28am
181 Views
Post# 28363365

BRIEF-Cation Capital Sends Letter To Crescent Point Sharehol

BRIEF-Cation Capital Sends Letter To Crescent Point Sharehol
BRIEF-Cation Capital Sends Letter To Crescent Point Shareholders
2018-07-25 07:21:11 AM ET (Reuters)
   
   

July 25 (Reuters) - Crescent Point Energy Corp:

* CATION CAPITAL SENDS LETTER TO CRESCENT POINT SHAREHOLDERS

* CATION- FORMALLY REACHED OUT TO CRESCENT POINT CHAIRMAN ON JULY 16, ASKING HE MAKE HIMSELF AVAILABLE FOR IN-PERSON MEETING PRIOR TO JULY 25, BOARD MEET

* CATION - AFTER MARKET ON JULY 18, GOT RESPONSE FROM CRESCENT CHAIR SEEKING TO DEFER PROPOSED MEETING UNTIL AFTER UPCOMING BOARD MEET

* CATION- SUGGESTED WOULD ACCEPT CHAIR'S REQUESTED TIMING ON CONDITION NO MATERIAL DECISIONS REGARDING CEO POSITION, OTHER DECISIONS MADE AT BOARD MEET

* CATION - NOT RECEIVED CRESCENT RESPONSE TO COMMUNICATION ON MATERIAL DECISIONS

* CATION - WOULD LIKE TO SHARE WITH CRESCENT BOARD INSIGHTS ON POTENTIAL CEO AND BOARD CANDIDATES Source text for Eikon: Further company coverage:


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