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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 mercatoson Oct 04, 2018 2:45pm
67 Views
Post# 28746744

RE:RE:Not sure asset sales are right in riseing oil environment

RE:RE:Not sure asset sales are right in riseing oil environmentAsset Sales:  Better to sell assets with oil is above 70 and get something for them rather than do what Pengrowth did and sell assets when oil was 40 and get nothing for it.

I hope little companies like Saturn put up some serious cash and buy some of the fringe properties CPG has that are non core.

Have a good day all.
Bullboard Posts