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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 Mar 15, 2020 6:38pm
177 Views
Post# 30810549

Bottom line

Bottom lineAt 15 dollar a barrel oil the Saudis will all but bankrupt every member of OPEC, Canada, the USA and Russia, no chance of this happening, there will be an all out war on them by that time.

The Saudis better be careful what they wish for because there is zero chance of the Russia and the States going broke, theyll be flying into Saudi and taking them over before we go broke over here.

Lets face it, the US has never been over in the middle east because they enjoy the weather and scenery, its the all mightly black gold.

There will be world war before the Saudis burry economy.

Although Canada will sit in the background and do nothing about it as we always have due to our fearless leader. We will always be yes sir no sir to the states.

Crescent point deserves an all out assualt on their shares due to the way management dealt with this company during the 2014 oil recession and the continued lavish lifestyle their employees and management kept living while shareholders bled due to funds dumping their shares to make them pay.
Complete new management is needed here to bring investor confidence back,and you know when the stock market is trading in the multi million share count daily this is not retail investors like all of us on here, its big funds playing games with the markets.
Bullboard Posts