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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (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 > Crescent Point Announces Sale of its North Dakota Assets
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Post by Betteryear2 on Aug 24, 2023 11:37am

Crescent Point Announces Sale of its North Dakota Assets

CALGARY, AB, Aug. 24, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreement (the "Agreement") with a private operator to sell its North Dakota assets (the "Assets") for US$500 million (approximately $675 million) in cash (the "Transaction").

Crescent Point Announces Sale of its North Dakota Assets (prnewswire.com)
Comment by Marty57 on Aug 24, 2023 12:15pm
Great news!  Focus on the remaining core properties.  The Immediate reduction in net debt will mean that higher shareholder returns will occur much earlier than otherwise.  Very happy with this event.
Veren Inc
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