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 Adonis1411on Feb 04, 2015 7:25pm

215 Views

Post# 23397158

RE:RE:RE:short a bunch at 32. short at will

Agreed. Well permitting in the US in January was at the lowest level in the last 6 years, which means fewer wells to come.

US completions activity will be strong through Q1 as they frac every last hole in inventory that has been punched (for cash flow), so production will go up...

Then wait 4 months when US production goes flat...

Then wait 4 months when US production loses 500,000 barrels.

$75 WTI by Christmas.

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