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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 bumblebee99on Jul 03, 2018 5:17pm
119 Views
Post# 28264322

RE:RE:RE:RE:$74 Oil

RE:RE:RE:RE:$74 Oil CPG is more active in Utah in Q2. Their SK activity is usually Q1 and Q3. That’s the reason for the drop in rigs in SK.

CPG cannot sell for zero premium unless shareholders want it, and nobody would. Shareholders vote on matters like this, and since management owns less than 0.00001% of the shares, they don’t matter.

Personally, I would not vote for a buyout unless it was $17 or higher.
Bullboard Posts