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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 blackaceon Oct 27, 2017 11:14am
130 Views
Post# 26868225

Don't be brainwashed into believing the fake news

Don't be brainwashed into believing the fake newsCanadian institutional fund managers are about to miss the largest buying opportunity of the century.  Fake news regarding EV's overtaking the internal combustion engine has shackled their brains into avoiding oil stocks.  Coupled with this is all the fake bearish news regarding oil demand/supply.  Oil demand is rising while world supply is now in balance and will begin the transition to a deficit in about 6 months.  Lack of new discoveries will cripple world supply beginning in late 2019.  Only the nimble educated minds will make the real money in oil while the typically uneducated fund managers will jump in only after the 50% gains have taken place.  Don’t be a twit by allowing your brain to be washed by the likes of Goldman/CNBC/ZeroHedge etc. etc. whom by using the media to post elaborate (and calculated in time; timed news releases) stories that make you question your investments on a daily basis.  Stay the course; BTE/CPG/MEG etc. will all be up 500% by 2019.
Bullboard Posts