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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 Jan 21, 2017 12:56pm
175 Views
Post# 25737333

So Torn about this stock.

So Torn about this stock. Been out for a while.  Looking on getting back in but.....
Pro.  Cost efficient at field level.  Dominance in their market (sask).  Big production

Con.  G&A not cost effiecient at all.  2017 the year of less hedge effect.  1900 shut in wells in Sask.  market hates them (right now).  Debt.  Mgmt will dilute just to make numbers look better.

Ya maybe not yet.
Bullboard Posts