Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.

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Veren Inc

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Comment by BlueCollar51on Jan 27, 2016 4:19pm

180 Views

Post# 24499316

RE:Soon see the Dirty laundry

Fantome wrote:
The average WTI price in 4Q 2015 was $33.65...it will be real interesting in a month or so when we can see the 4Q 2015 financial report for E&P producers and compare it to their press releases about the math for this year....

I don’t know what you used for sources.
The EIA should be a reputable source I would think.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=rwtc&f=m

According to them the Average USD Spot Prices for WTI at Cushing;

Oct 2015 = $46.22
Nov 2015 = $42.44
Dec 2015 = $37.21

Added up and divided by 3 = $41.96 Average Spot Price for Q4 2015

As Always; Do Your Own Due Diligence; It’s Your Money !!

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