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

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Comment by oakesyon Nov 09, 2018 1:43pm

90 Views

Post# 28951719

RE:RE:RE:I have to cut my losses

CPG Liquids to NG ratio is approximatly 90/10 . Brutal sentiment for Canadian e&p , tax loss selling season and further erosion in WTI pricing is crushing the whole space . The biggest overhanging negative for CPG is their 4 billion debt situation .How do they grow the company and pay down debt with out further dilution or consolidation ?
100$ oil would sure help.

Bullboard Posts

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