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.

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Veren Inc

Bullboard Posts

Post by mercatoson Oct 12, 2018 10:42am

135 Views

Post# 28788021

Market does not care.....

Market does not care about CPG or any other oil producer in Canada.
Although CPG WCS exposure is on aprox 12% of cpg's oil production, nobody cares.
However in saying that the CPG team has done very little to communicate to the market this information.
I have email IR and asked that they start a monthly 'Presidents Letter' to the market and shareholders. It does not have to be anything to deep but just highlights. I gave them Gear as an example.
But as it sits today everyone thinks CPG is 100% affected by WCS.
Good luck

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