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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > 900$ millions
View:
Post by Husky4000 on Feb 18, 2021 2:18pm

900$ millions

Where does it come from? New debt? I don't see 900 millions on the balance sheet
Comment by Al42 on Feb 18, 2021 2:24pm
The Acquisition will be funded through a combination of $700 million in cash, accessed through the Company's credit facility, and 50 million Crescent Point common shares.
Comment by Husky4000 on Feb 18, 2021 2:29pm
Thanks
Veren Inc
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