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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 Squash11on Jan 06, 2018 3:39pm
184 Views
Post# 27297939

Does CPG get world pricing for (most of) it's production?

Does CPG get world pricing for (most of) it's production?I have read and also been informed by those who should be in the know that Canadian natural gas and oil companies are in big trouble due to bottlenecks in shipping. This is obviously because of pipeline underconstruction here  in Canada. 

A source reiterated that significant egologiacl protesters here are sponsered by American Oil and Gas producers, a charge that I have heard and read on numerous occaisions.

My question still remains. Does Crescent Point get full price for most of it's light oil production in Canada and for all of it in the USA? How will I know for sure? By asking IR at CPG? 

This could be crutial information in the short term for the bouyancy of the stock in the event of an oil correction.
Bullboard Posts