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

Comment by pppon Jul 30, 2018 10:37pm

148 Views

Post# 28389030

RE:The derivative losses and gains

The problem is the market sees negitive earnings and screams fire and heads for the exits.

Thats the problem with how hedging is expensed. Its just that they could have made more money by not having hedged. They did not lose it. As they have oil to cover it.

Things will get better here as time goes on.

Bullboard Posts

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal