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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 sellthefarmon Dec 05, 2012 6:21pm
221 Views
Post# 20689513

RE: RE: RE: A Refresher

RE: RE: RE: A Refresher

Bandit, you are full of the brown stuff that comes from the no go hole!!

Show a screen shot of your short position in CPG, otherwise quit trying to make people believe you actually shorted it.  If you actually did short it and timed it right, you may have done so at $42.50ish.  No way you did it in the $46 range.  So from $42.50 to $37 you are up 12%.  You've been paying about .55% yield to us per month since your short.  If the price stabalizes here for the next 8 months you will have paid about 6.5% dividend yield to all of us longs.  So you are up 5%... yay!  During the same time we were accumulating shares and collecting the dividend.  One day those shares + dividend will be far greater than the 5% you "made" shorting it.

 

Bullboard Posts