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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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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 > I must admit i'm a bit bewildered
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Post by soundandfury on Feb 08, 2022 9:46pm

I must admit i'm a bit bewildered

About this news of cpg wanting to sell assets produceing 11,000 bpd............i see no need to do this given .......they are currently makeing huge free cash flow .......so what's the deal with this sale? I can only assume they want to make another aquisition in the duvernay.......repsol perhaps.......time will tell i guess
Comment by JohnnyDoe on Feb 09, 2022 6:00pm
Sell assets at a high, pay off debt, grow the prod back organically with the shell assets
Veren Inc
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