Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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

Veren Inc

Bullboard Posts

Post by b42on Dec 06, 2010 4:05pm

541 Views

Post# 17807981

** Looks can be deceiving,,,

Double top in oil at $90 corresponding with the same in CPG $43.69; but i think NOT. Wrong time of the year for one thing. I think that in both cpg and oil that they need to back off a bit to get rid of all the ones who think that it's double-top-time. Personally i believe that both cpg and oil are getting prepared for $100 and $45-46 by year-end. A short period of consolidation and some time to let the U.S. dollar drop back down again, (strong today which is as usual affecting all markets,) then we should be ok for a double-breakout in both. JMHO.

Bullboard Posts

Geologica Resource: Polymetallic upside at a depressed price