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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 Kaybobon Mar 27, 2015 12:24pm
148 Views
Post# 23569292

Drill, Drill, Drill...........I dont get it

Drill, Drill, Drill...........I dont get itI am so confused as to why CPG just keeps going?  $50 US per barrel and the net must be much lower than that with pipeline issues and other adjustments.  It does not make sense to bring more barrels into this market.  I seen some of the drills they are doing and they are not even land preserving type, they are normal course of business sort of wells.  I don't get it.  Well I do get it as it is all about stock price but such bad business. 
Bullboard Posts