Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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

Veren Inc

Bullboard Posts

Post by oilyexecon Apr 13, 2018 5:08am

169 Views

Post# 27877760

Shorts have doubled down = Cation at it again

Short volume historically averaged about 15%. Since October, now averaging 30% once Cation started to increase their position from 0 to 0.3%. Cation strategy = destroy SP then reap the windfall when CPG recovers to normal trading range. Very similar events happened in 2013 when the Cation nominees destroyed Renegade Petroeum and walked away with a bundle.

And who thinks they are on the side of the downtrodden shareholders?

Bullboard Posts

Morning Market Outlook for Nov. 15, 2024