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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 Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Veren Inc > Kaybob Duvernay will be Shocking
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Comment by Moemoney42on Dec 06, 2021 3:34pm
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Post# 34203473

RE:Kaybob Duvernay will be Shocking

RE:Kaybob Duvernay will be ShockingAgreed.. anyone with a modicom of knowledge in the patch knows that.. the rest are just blowhards.. kind of like the few that say they have an interest/own shares but continue to trash talk the company.. highly suspect to say the least.. :-/
MyHoneyPot wrote:

The Kaybob area has been exploited for years by shell, and shell never released results, and they didnt want to generate to much excitement, but the Truth is those wells will like knock the socks off investors and CPG will have a herd of new investors trying to enter the stock. 

They have hardly drilled anything yet, but the costs are down 15% from shells costs? in any case this is likely one of the best play areas in Canada and is transformational for a company like CPG.

Kaybob will be their best economics, best reserves, and best ROI area, and it is huge.

I think once the results come out from CPG, i would expect the stock to hit 8 dollars immediately.

IMHO

 


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