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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

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Post by soundandfuryon Jan 15, 2023 4:03pm
477 Views
Post# 35224414

CPG could be a takeover target

CPG could be a takeover target CPG has alot of things going for it right now that would temp possible takeover bids............CPG has one of the highest netbacks ........CPG has one of the best royalty .....CPG has 9 billion tax pool........CPG  very little bank debt and only 1.2 billion secured notes..........CPG has a very desireable 20% condensate production and growing .........CPG one of the better decline rates ........CPG  projects 1 billion in discretionary fcf in 2023 after the base divi............all these things imo make cpg ripe for the picking at the current share price.........this would be a great aquisition for suncor.....cnq.....cenovous......or even imperial oil......imo
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