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Veren Announces Strategic Infrastructure Transaction

Newswire.ca - Mon Sep 9, 6:00AM CDT

CALGARY, AB, Sept. 9, 2024 /CNW/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce it has entered into a strategic long-term partnership with Pembina Gas Infrastructure ("PGI") related to certain infrastructure assets in the Alberta Montney and will receive net cash proceeds of $400 million related to this transaction.

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