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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 Alpha72018on Feb 08, 2019 1:49pm
69 Views
Post# 29339045

RE:RE:RE:Cash Flow Apparently Means Nothing

RE:RE:RE:Cash Flow Apparently Means NothingPeople don't easily forget the past... This company has burned so MANY bridges & people under Suxberg, and to add insult to injury, they go put in his buddy Bryska when the time for real change showed up??! We were at in the 11s last year when he got booted, and the biggest mistake was not getting an outside CEO... Even if everything is rosy moving forward, we'll need MANY quarters to prove to the market that they're serious, let alone if anything else goes wrong (downturn, oil slide, etc)... Everything is against us right now (Canadian energy sector due to government, oil price uncertainty, hated company, debt (albeit manageable), recession fears, etc). All very powerful factors... 
Bullboard Posts