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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 ciretaka198on Jul 22, 2015 5:11pm
198 Views
Post# 23950452

once I owned a oil company and stupidly sold to legacy oil

once I owned a oil company and stupidly sold to legacy oilJuly 2014 can u imagine Legacy oil bought two differant  companys using stock 40 million shares @ around 10 dollars a share both companies purchased had low debt. the sellers watched the stock received from legacy dwindle from 10 dollars a share to 2.85 a share @ the cresent pt deal. Since the cresent pt deal was anounced  that downward trend continued from $2.85 equivalant to $2.10 . Basicly down hill for 1 year straight. Such pain. 400 million dollars now worth 80 million canadain then throw in the tanking canadain dollar and owie owie ouch! 
Bullboard Posts