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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 yitearpon Feb 16, 2012 7:36pm
670 Views
Post# 19546603

RE: RE: 45.25 PP--real bad news....

RE: RE: 45.25 PP--real bad news....

Yup, $45.25 tomorrow but in week it'll be where it is today.  Dilution sucks but short/long term prod increase is what I'm looking at.  Also the prod numbers are way conservative in the NR, spring won't be that wet, they'll be at 100K boed by year's end.  90% oil with very high netbacks, tomorrow's turbulence will  quickly pass: 100K boed at $100 oil price- I like that!

 

Bullboard Posts