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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 oilyexecon Apr 21, 2018 9:57am
125 Views
Post# 27921337

RE:RE:RE:Cation Capital Proxy Circular

RE:RE:RE:Cation Capital Proxy Circular
I agree with your disihformation comment mercatos. The Cation information circular compares CPG to peers but fails to define the peers. That makes it very easy to skew the results of their analysis which gives perceived credibility to the Cation agenda. Are they afraid of an unbiased comparison?

And I continue to have major reservations about their "strategy for value creation". No specifics and very little detailed tactics of how to unlock any value other than the hope for rising oil prices.

Cation is attacking CPG to raise the SP and I like that. They hired ISS to get "some" institutional support on their side.

Of 17 analysts, 12 have buy/outperform, 5 have hold/perform and 0 sell/underperform as per Cation proxy page 29. So the analysts like CPG upside, as do I.

I am looking forward to an interesting AGM on May 4th.
Bullboard Posts