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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
Post by oakesyon Nov 15, 2018 12:42pm
100 Views
Post# 28980788

bipolar pricing . . .

bipolar pricing . . .LSB and condensate  prices are now 40% below Q3 prices so Q4 is going to be awfull for those that dont have hedging in place. If those discounts remain for next few Qs then dividends will be under the knife. I think this has been largely discounted already in CPG share price which surely is now in oversold and value territory . Tax loss selling  may put futher pressure on price but will bounce soon after.
Shocking to see that CPG has come down 90% from 2014 highs and is being sold like its going under .
Bullboard Posts