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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 Speedybeedyon Feb 23, 2020 6:00pm
72 Views
Post# 30723416

A way out

A way outSome food for thought for all of us that have been destroyed here. I have owned touchstone or TAB since the recession and although still buried within the stock has gone from .18 back to .80 in the last 3 weeks. They hit a mother load down in Trinidad and the stock might take a quick triple. Might be an opportunity for some to gain a few bucks back here for a quick up. CPG will be sitting stagnant for the next few years as Canadian oil has been criminally manipulated and there will be no turn around until trump makes an exit. So even though itll hurt to sell out here and put money to better opportunities there will be many month and years to get back in here at these levels if not lower. Food for thought. I sold out my cpg with an average of 16 for huge loss but made some back with txp and once they announce the size of their discovery it could triple, I'll take some of that and buy back in here for a 2024 rally. CPG is being cruicafied these days with incredible maniplutaion, although management deserved this the share holders didnt.
Bullboard Posts