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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
Post by yitearpon Aug 14, 2014 1:40pm
400 Views
Post# 22842566

bought at $47...

bought at $47...
Hope you are patient because you will not see $47 for at least 5 years. We will see $40 before we see $47, no capital appreciation for this dog. As far as a dividend increase is concerned, you must suffer from significant cognitive impairment if you believe that will occur. In the last 5 years no one has made money investing in Canadian O&G stocks, all of them a complete unmitigated disaster. All the gains made earlier this year have evaporated. Pathetic but that's what you get for investing in Canada.
Bullboard Posts