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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 rusty777on Jul 25, 2019 11:15am
180 Views
Post# 29959258

Mr Market

Mr MarketWell, as usual Mr. Market does not appear to be overly impressed with Q2 results.  I thought they were pretty good and bought a bit at the opening.......BIG mistake - we are down almost 3% already.

Not sure what will turn market sentiment around.  I agree JT hasn't helped, but we must remember he was voted in, not because of his brilliance and forsight, but rather he was the better of a number of bad alternatives, and sadly, nothing has changed.   I am afraid he will get back in again and continue his destruction of the oil industry not because he is a "Great Leader", but because he is marginally the best of the worst.

Dark days ahead that not even a good quarter seems to help.

GLTA

Rusty
Bullboard Posts