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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 yaymakemoneyon Nov 30, 2018 2:46pm
118 Views
Post# 29046851

As sure as the sun comes up every day

As sure as the sun comes up every dayCPG stock will be red. No matter what happens in the world, even if oil prices hit $200, CPG will be red.

I think the market believes CPG stock is worthless. I'm sure vulture funds are buying up CPG debt and will manuever it into bankruptcy soon enough.

Under $65 WTI, CPG loses money. Who knows when we will see $65 again, and if we do get there, it may be a few quarters before we go down again.

CPG's goose is cooked. The only smart one was Scott Saxberg who never bought any stock and just milked the company dry. Now he is off, sitting on a beach probably, and laughing at the bag holders.
Bullboard Posts