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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 bumblebee99on May 22, 2018 2:51pm
160 Views
Post# 28064903

Kick in the teeth

Kick in the teethOPEC may now increase production to cover lost Iranian and Venezuelan production.

This may put a bit of damper on pricing, and I would suspect that stocks that rallied 200 - 400% in recent months may give back some of the gains.

However, for CPG to start going lower is an absolute travesty. It didn't participate in any gains going up, so will it get hit like the others when it goes down?

As recent history has shown, I wouldn't be surprised if that happens.
Bullboard Posts