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 yitearpon Dec 08, 2011 8:00am

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Post# 19302648

2012 prod

Current prod is at 80K and 2012 avg prod guidance is 80K- yeah, I don't think so.I say 2012 avg prod will be like 85K and 2012 exit prod will be more like 90K than the 85K+ guidance. The prod increase is just phenomenal, think back to Q2 2010 when prod was 55K. No wonder this company trades at a premium. Anyone who doesn't own this stock is nuts and, before I forget, that Acker clown, just do the opposite of what he says and you'll be fine.

Bullboard Posts

Options trading in a volatile macro environment