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

Post by Carlos66on Jul 18, 2016 4:07pm

186 Views

Post# 25062898

oil price...a waning effect

---it seems that CPG & WCP don't move much anymore when the oil price dips $1-2.
---stability in the oil sector (it can't get any worse I guess?)
---political news, need for yield, drug price reviews, on-going problems at chipotle etc., lack of large publicized bankruptcies have distracted the investing public from oil price moves/oil sector.
---'lower for longer' theme song is yesterday's news
---as suggested by one poster a small dividend increase by CPG might b e possible & certainly would wake everybody up.

carlos

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