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

Comment by dsarkon Jan 17, 2015 10:19am

455 Views

Post# 23331154

RE:What will ?

Bingo! Economists will re forecast higher growth due to EU QE, which the speculators will translate into higher demand for oil and a higher oil price. Meanwhile every oil company is cutting CAPEX, should be an interesting few months.

For the guys that keep calling for $22, I think you missed the boat. When it was at $21-22, you were probably calling for $15-20. You are playing moving targets. Lord knows I've done that many times.

Long & strong @ $22.90 Average.

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