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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

Bullboard Posts
Comment by psmithon Nov 08, 2010 7:06pm
427 Views
Post# 17677023

RE: RE: RE: Growth...hard to see.....

RE: RE: RE: Growth...hard to see.....Paulconscience:

Just an FYI.  CPG is not a growth story, it's a yield story.  As you know the entire business was set up to deliver income.  It's unlikely they will ever deliver significant growth.  I'm expecting a 10% annual return on CPG going forward.  I protect my position with trailing stops so I will not lose money.  I'm very happy with that.  If people want growth they'll look at riskier plays is underdeveloped places like Columbia.

I know you're MO is to come here and create doubt.  Well done.
Bullboard Posts