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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
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(109)
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Post by Vinnie3on Sep 24, 2018 11:02pm
160 Views
Post# 28682767

Help me please, call to arms , someone must know this

Help me please, call to arms , someone must know thisCan someone please help me?

With the current hedges and oil prices zooming up , does CPG actually lose money, overall in their books, until the hedges will be realized at their expiry  and then what will have been in the books will be just formalized with no extra loss? Or does the unhedged portion, about half their production, neutralize everything that so its 0 gain 0 loss.

When will they expire those hedges and what percentage will be hedged say Jenuary 1 2019. In the meantime do they lose more money overall when prices go up?

Please let me know because .8 cents is pretty discouraging and me I wanted to make money.

Does not anybody on this site have the heart to help me on this one. Much appreciated. Please !!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities