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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 Oct 31, 2019 10:20am
165 Views
Post# 30291537

RE:We will need to wait q4 hope they get buy backs going

RE:We will need to wait q4 hope they get buy backs going All they need to do is keep on track with debt 1st with FCF, NCIB 2nd and hope WTI stays in the $5X+ range... I'm not expecting any significant turn around anytime soon realistically with all the headwinds/uncertainty we're facing... When (and IF) the sector sentiment turns, we'll be in good shape IF we stay on track... But again, won't be anytime soon imho...
Bullboard Posts