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 galena03on May 06, 2017 6:30pm

234 Views

Post# 26212933

One off. No I don't think so.

The commodity futures in oil has turned up on friday. The stocks in the oil companies will follow.
Oil may only move $5.00 or so or it may only run up for 3-4 days allowing the shorts to fill their inventory and catch the longs again. The long term in oil is up and down like everything else and you must catch the turns. More than one month can be long term to me.

Hope i am right.

Bullboard Posts

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