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 > Thank god they did not buy XTO Energy at 1.9 Billion

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Comment by Moemoney42on Jul 06, 2022 9:34am

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Post# 34804594

RE:RE:Thank god they did not buy XTO Energy at 1.9 Billion

Agreed, I could see some horse trading going on in the area once WCP closes the deal and evaluates what they have.. that would be good for both companies actually.. full disclosure.. I own both.. ;-)

Volkomm wrote: I wouldn't be surprised if they picked up some Duvernay acreage from Whitecap.

WCP has no hope to ever develop all those areas, and it doesn't make sense for them to.

But by then CPG will be debt free and won't be an issue.

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