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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 dalerules88on Dec 08, 2017 8:06pm
108 Views
Post# 27121924

RE:CPG

RE:CPGI must echo your sentiment WRT new investment/sector rotation. Plus, the longer we are near the bottom, the higher we will go, eventually...  all these multi-month rounded bottoms smell like accumulation to me ... the hard pullbacks on CPG, CVE and the like seem to be just short term traders and nervous nellies - seems that funds have been accumulating, certainly CVE from what I read.  Have no data on CPG funds positions but I'm guessing there is some accumulation as well, judging by the large blocks and volume.  Also, despite the management discount that's being constantly quoted, there have been some positive commentaries on the ever-so-reliable BNN ...so it must be true :)



Bullboard Posts