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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
Comment by Newguy23on Sep 08, 2016 10:24pm
172 Views
Post# 25220468

RE:RE:RE:For the first time..............

RE:RE:RE:For the first time..............Maybe the plan is to continue to grow while sending the share price into the toilet and get bought out by a major on account of the wicked low share price.  Problem is that they will get too big for similar minded Canadian companies and might need to get bought out by a US shale player.  Odd strategy.  At least their balance sheet will look OK.  Hahaha
Bullboard Posts