Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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

Veren Inc > Mixed Shelf Of Up C$350 Million

<< Previous

Bullboard Posts

Next >>

Comment by Moernoney42on Jul 09, 2021 12:00pm

132 Views

Post# 33521423

RE:RE:RE:RE:RE:Mixed Shelf Of Up C$350 Million

Dogsbreakfast4U wrote: The prospectus has two purposes.

1. Allow CPG to issue up to 350 millions worth of securities (shares, warrants, etc.)

2. Allow Shell to sell the shares obtained as part of the previous disposition/acquisition.

3. Give long term shareholders a nice big shaftoola for their continued suffering, support and loyalty LOL

<< Previous

Bullboard Posts

Next >>

Canada Nickel unveils second of seven resources planned by mid-2025