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 Adonis1411on Apr 30, 2018 4:07pm

262 Views

Post# 27960617

RE:RE:RE:RE:As Usual PIECE of CR@P!!!

No - I'm not a geologist. Just someone that gets the patch and knows what is going on.

You would think that with production of 170,000+ bpd of crude with top quartile netbacks, we would be higher priced today too, wouldn't you? Doesn't seem like the profile of someone trading at one of the lowest valuations in the sector.

Do some research. Look at the quality of the play and it'll speak to the prospective value of the land position. However, no matter how good, it's only worth what someone is willing to pay for it and with this Management team, it's not a heck of a lot.

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