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 > quick comparison

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Comment by Anschutzon Nov 13, 2023 2:12pm

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Post# 35732492

RE:quick comparison

Good comparison. It will be interesting. Will we see Bryska buying shares in the open market like Grant was doing last week? Perhaps that would instill some confidence that he believes CPG shares are worth $10.30. Should be a no brainer for Bryska, management or anyone on the CPG Board.

Moemoney42 wrote: CPG ~626.7 million sh. after completion - ~200,000+ BOE/day Share price $9.73 Debt = $3.7 B.

WCP ~606 million sh. currently - ~157,000 BOE/day. Share price $9.87, Debt = 1.26 B.

Now its a race for debt elimination and at this point in time WCP has a good lead.. But CPG has the torque for bigger cash flows.. will be interesting to see how it unfolds..?

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