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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 heraclituson Feb 03, 2011 1:33pm
585 Views
Post# 18070113

RE: RE: RE: Crude surges 4 % on Egypt unrest

RE: RE: RE: Crude surges 4 % on Egypt unrestAmerican crude is priced over 10% lower than comparable Eurasian oil - i.e. Brent is over $100.  CPG is the rock among the old Royalty Trust gang but it is languishing a little relative to its peers.  Its dividend is higher, its price lower, its prospects solid and wonderful, so I bot a little more.  My assessment is there is very little downside and great upside!
Bullboard Posts