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

Bullboard Posts

Comment by Marky1on Apr 10, 2019 8:53pm

144 Views

Post# 29610325

RE:Will they reverse the 3.6 billion impairment?

Soundandfury Reversal of the impairment charge definitely ain’t going to happen...the company is awash with money since the oil price dramatic climb...Paying off debt is their number one priority..Would be nice to see something thrown our way... who knows what lurks in the minds of the management?? Good luck for tomorrow...Hope that the good times continue!!i spoke to broker,a Vice President at Cibc ( honest)..He says that the SP will be north of 8$ by years end..who knows??

Bullboard Posts

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