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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 > Oxy buys Crown Rock
View:
Post by Moemoney42 on Dec 11, 2023 11:13am

Oxy buys Crown Rock

"The transaction will add 170,000 barrels of oil equivalent per day to Occidental’s production as well as 1,700 undeveloped locations to the company’s operations in the Permian."

So, if Crown Rock is worth nearly 12 billion USD for 170,000 BOE what is CPG worth at 200,000+ BOE... at least a double from here IMO..!
Comment by Moemoney42 on Dec 11, 2023 11:44am
Correction previous post should have read $11 billion... but my point still stands... what's CPG worth... still a double from here.. !! 
Veren Inc
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