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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 Apr 26, 2019 11:25am
46 Views
Post# 29674787

RE:RE:How dumb can this management be?

RE:RE:How dumb can this management be?I just hope management hedged a good portion of their future production given the oil rise since the start of 2019...

I would have no problem on "missing out" if they hedge at X amount to have assured steady cash flow for multiple quarters moving forward, and take the risk of missing out on an oil spike RATHER than hedging minimally in the hopes of an oil spike, & then having the possibilty of an oil crash sub 50 WTI which would be trouble... again...  
Bullboard Posts