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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 Moemoney42on Jan 04, 2022 7:13pm
248 Views
Post# 34283548

RE:RE:RE:RE:2M shares purchased by CPG today under NCIB....

RE:RE:RE:RE:2M shares purchased by CPG today under NCIB....Yeah and where are all the posters that were constantly chanting about no share buy backs for years.. pretty quiet eh..!

"Crescent Point has repurchased a total of approximately 26.2 million common shares under prior NCIBs first initiated on January 25, 2019. The Company did not repurchase any shares under its existing NCIB, which expires March 8, 2021, due to weak market conditions. Such share repurchases are evaluated as a form of returning capital to further enhance shareholder value and are evaluated in the context of the Company's capital allocation framework and leverage targets"

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