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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 dsarkon Jan 20, 2015 8:05pm
273 Views
Post# 23341846

RE:topped out ....for now

RE:topped out ....for nowThe only thing Eric Sprott & his cronie John Embry have ever done is load up on gold, ride it up to 1,900 and then follow it right down into the gutter.  I think those guys lost billions of equity.  Since when are they experts on oil when they can't even figure out gold?  Lol

Also CPG has GONE UP while oil has continued to make new lows, I expect that it will probably stay above the $21 price.  I believe the share price is holding up because funds are backing up the truck, 50% of production is hedged at $90 per barrel, and because this is a top tier company.

As for your dime store TA, keep it to yourself.  You seem to fail to mention how that chart is making higher highs & higher lows off the $21 low (which is bullish).
Bullboard Posts