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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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

Post by shenty46on Nov 25, 2020 9:38am
824 Views
Post# 31968671

soon

soonsoon if wti stabilizises near 50 may be in next few months, we may see start of reversal of the impairment of billions of dollars booked in first quarter, most of the companies shall reverse those, cpg at even 50 dollars wti would be generating huge free cash flows, double digits may be in next 6 months on cards, i increased my holding to 22300 yesterday, shall sell only when it trades in double digits.
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