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 Newfie75on Sep 27, 2017 3:48pm

180 Views

Post# 26750106

Is There Still Talk of Asset Sales?

I haven't heard anymore about non core asset sales since it was discussed a couple months back. This could also raise some eyes, not to mention the sp. if crude continues on an uptrend and assets are sold during the upswing it could spark a major rally for CPG.

I would expect a pretty good quarter if oil maintains. Will be able to gauge it from other companies in the sector reporting beforehand.

Optimism perhaps but I can see this in the $13-$14 range in December.

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue