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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

Comment by BigJoe778on Nov 09, 2021 1:31pm
162 Views
Post# 34105662

RE:I think shell does not own anymore cpg ?

RE:I think shell does not own anymore cpg ?I agree BP! Even though Nuttal said on Friday they still have 20 million left to sell it's certainly doesn't look that way to me. Also see a whole bunch of CPG hopefull using the Shell selling theory as a reason for the share price being held back. I don't agree......it looks to me like Shell has sold out before Nuttals comments. Personally I can see them acquiring more assets.......I think that's the reason they're so eager to pay down the debt rather than execute NCIB and give a meaningful dividend. If I'm not mistaken I believe it even mentions M&A as one of the top uses of their FCF in most recent presentation. The wouldn't.......the shouldn't.....but they will haha. 
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