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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 Fundipon Mar 01, 2018 2:47pm
226 Views
Post# 27646076

Truly mind boggling

Truly mind bogglingThe arrogance of Saxberg, acting like he knows better than everyone else. Investors are clamoring for fiscal responsibility, and here goes the moron from Calgary, going and buying more land and spending $1.8 in capex all while there is $3.9 billion of debt on the books.

It's truly nauseating to see how far CPG has dropped in the last few years. It has lost $21 billion in market cap and is now worth less than the debt on its books.

I hope you all are contacting investor@crescentpointenergy and also sending letters to Peter Bannister, the Chairman of the Board. Nothing will change until we force them.
Bullboard Posts