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.

TSX:VRN - Post by User

Veren Inc

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Comment by Caly77on Dec 15, 2016 8:34pm

154 Views

Post# 25607756

RE:RE:Thoughts

blackace wrote: Hedge funds are not shorting; They are buying. This is a healthy pullback before we go higher tomorrow. Only a knucklehead would short oil now. All countries that depend on higher oil have spoken loud and clear. Even at 85% compliance to the production cut goals, oil will gravitate back to $55-60. CPG will follow this by heading toward $23-$25.

at the exact minute you were posting this saying nobody woud short oil, i was and made a easy 3% in 20 min.

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