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 bullcharton Sep 03, 2015 3:33pm

105 Views

Post# 24076529

RE:RE:RE:RE:Oil Futures

This August to December move will not be too much different then the move we had from January to May. I suspect we will have a lower high than last me in the $60-$62 Brent area. The August long was only five more dollars lower than last January low so the lows on oil are slowing. Meanwhile, I expect to see $22-$24 on my CPG buys over the next eight weeks. After that it could be anyone's game, with another drop in oil and CPG testing 11.50 once again. My bet is that there will be very few that don't jump on the bandwagon and if that should happen again.

Bullboard Posts

How one company is disrupting PoC testing