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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > CPG 135,000 Barrels daily Top Tier for the Price +Kaybob
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Post by CanadianOil2022 on Nov 13, 2021 9:02pm

CPG 135,000 Barrels daily Top Tier for the Price +Kaybob

135,000 barrels daily now With Kaybob $10CPG Transformation, 

That was the deal of the century, and it really transformed CPG in my opinion. Now you have a mid cap picking up the play areas of the super majors. I feel CPG is off to the races to becoming a real major player. 

Kaybob Duvernay

Murphy drilled some of the best wells in the Company history in the duvernay, and POU is going to drill a two pads in 2022 off setting CPG wells. Chevron has drilled some great wells there. It would be interesting to know if it is just duvernay or if the got the Montney rights as well. 

It sounds like a lot of wells being drilled here, 15 DUC'd, plus first multiwell pad, plus 2 partner pads. 

These are very high netback boe's. CPG added 275 million to the budget for 2022
Comment by CanadianOil2022 on Nov 15, 2021 12:10am
Crescent point outproduces whitecrap and cost billion dollars less than whitecrap  CPG 135,000 Barrels daily Top Tier for the Price +Kaybob 135,000 barrels daily now With Kaybob $10CPG Transformation,  That was the deal of the century, and it really transformed CPG in my opinion. Now you have a mid cap picking up the play areas of the super majors. I feel CPG is off to the ...more  
Comment by BigJoe778 on Nov 15, 2021 12:42am
Yet the great and mighty Crescent Point has and continues to lag WCP in share price..........go figure lol
Comment by TheBridge on Nov 15, 2021 10:14am
Well BigjJoe, let's hope CPG's day in the sun is coming up and let's hope it grows enough to help us forget the nightmare of the past.
Comment by Bpultra on Nov 15, 2021 10:18am
========= been hoping for years .... hope does not float this ship...... a NCIB and increase on Div will ... and not a bunch more warrants ... then and only then will you see a rise in the SP... hoping the shorts that control CPG right now are adding back at this level and not waiting for another step down... oil drop may in fact help CPG with some of  the hedge .. swaps etc etc 
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