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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 marketsenseon Jan 29, 2018 12:53pm
131 Views
Post# 27455411

Disconnect

DisconnectVery frustrating markets for cdn oils.  Too many unresolved issues with very little 
public/gov't support.  Sadly,  Canada is developing a reputation for can't do e.g,
pipelines, LNG and that is showing up in our lacklustre markets.   CPG is just another
beaten down name within the group.  With this kind of negative backdrop,  it is not
hard to understand that despite higher oil prices,  there is little interest in our markets.
Value is a function of perception, and right now perception is very dismal to say the least.
At least CPG has some presence in the US because the Cdn presence carries a huge
discount.
Bullboard Posts