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

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Post by Anschutzon Apr 13, 2024 9:54am

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Post# 35987352

Market Reaction

So looks like those 30+ million minted shares from the HH deal are about to hit the market. Have firms that were left holding the bag been manipulating the share price higher so they can unload? Going to be interesting to see if the share price holds or sinks. The house always wins. LOL!

Block sale from BMO

Crescent Point Energy Corp.

(TSX, NYSE: CPG)

Amount: 30,862,999 Common Shares of Crescent Point Energy Corp.

Form of Offering: To be re-offered in Canada and the United States without requiring the filing of a prospectus or registration statement

Re-Offer Price: C$11.76 per share

Amount: C$362,948,868.24

Buyside Commission: C$0.03 per share

Trade Date: April 10, 2024

Settlement Date: April 12, 2024 (T+ 2)

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