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.

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Veren Inc > WCP acquires XTO energy Canada in all cash 1.9 billion C$

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Comment by TheBridgeon Jun 30, 2022 4:03pm

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Post# 34794920

RE:RE:RE:RE:WCP acquires XTO energy Canada in all cash 1.9 billion C$

CPG has already gone through this kind of experience when Scott was the CEO and it has taken the current management to try and pay down the large debt that he accumulated. CPG has a great opportunity now to elimanate or significantly reduce their debt and reward the shareholders as we get closer to that point. Scott got a fantastic payout when he left, maybe the Fager thinks it's his turn.

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