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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 Marty57on Jul 25, 2019 12:32pm
152 Views
Post# 29959659

RE:Big opportunity being missed

RE:Big opportunity being missed
Good summary Cardboard.  I am in for the long haul with CPG and was happy with Q2 numbers.  More debt reduction than I would have thought.  Company is showing they are serious in eliminating the crippling debt, and light can be seen at the end of the tunnel.  Once debt is under control, what will they do with all the cash flow?  All good things as far as investors are concerned... increased share buy back, increased dividend, increased growth focused Capex.
Bullboard Posts