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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 Marty57on Jul 17, 2023 7:53am
168 Views
Post# 35543714

RE:RE:RE:RE:RE:Wow ….those f n yanks

RE:RE:RE:RE:RE:Wow ….those f n yanks
I don't want to see any merger.  What for?  CPG is doing very well.  Stay the course. Continue the NCIB and paying down debt, and at the same time shareholders are getting decent dividends.  If anything , they might divest some assets that may not be key to the company's future plans and use that money to accelerate debt reduction-- North Dakota?  With the assets the have bought in Kaybob Duvernay and Montney, they have put themselves in good shape for future performance, albeit debt has been increased. IMO there is No reason to continuously muddy the waters with more acquisitions and mergers.
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