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.

TSX:VRN - Post by User

Veren Inc

Bullboard Posts

Comment by broker71on Mar 11, 2019 3:23pm

182 Views

Post# 29469519

RE:RE:Might Finish Red

Yes, its offical next Monday. The bad news is CPG getting booted from TSX60 and funds will be selling. The good news is this was well known weeks ago and most funds already unloaded, high volume and alot of them seller was anonymous (001). Also the Q4 writedown and bad results out of the way. Unless WTI and WCS tank again to Q4 levels,this year results for CPG should be decent. WTI $55 vs just $42, WCS $45 vs just $15.

S&P/TSX 60 INDEX – March 18, 2019
	COMPANY	GICS SECTOR	GICS SUB-INDUSTRY
ADDED	Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)	Utilities	Multi-Utilities
ADDED	Shopify Inc. (TSX:SHOP)	Information Technology	Internet Services & Infrastructure
DELETED	ARC Resources Ltd. (TSX:ARX)	Energy	Oil & Gas Exploration & Production
DELETED	Crescent Point Energy Corp (TSX:CPG)	Energy	Oil & Gas Exploration & Production