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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 Fundipon Jan 24, 2018 3:57pm
96 Views
Post# 27426683

RE:RE:RE:RE:RE:RE:RE:Who the F-U-C-K is selling?

RE:RE:RE:RE:RE:RE:RE:Who the F-U-C-K is selling?
TickerTwit wrote: That's not a comforting number, but it's almost in line with my estimate a year ago of $51. That $51 was ruined by the CAD rise, and $60 would compensate for the current exchange rate.
.
Fundip wrote: Their last report, a few weeks ago, stated that they're breakeven (defined as all capital costs including land, dividends, interest, etc...) cashflow at ~$60 WTI. 




CPG is probably breakeven at $45. At that price, they would stop growing.

Note that their definition of breakeven in the report a few weeks ago is CASHFLOW breakeven WITH growth AND land acquisitions AND dividends.

Bullboard Posts