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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

Comment by TheBridgeon Feb 09, 2021 2:28pm
85 Views
Post# 32515215

RE:CPG should Do What PRECISION DRILLING did.

RE:CPG should Do What PRECISION DRILLING did.I think the Board and Management paying down their debt as fast as they can is the most productive way to get this share price moving up. Crude oil prices need to stay up to help the process of reducing the debt. The people running the company have to want the share price moving up as much as we do. A reverse split of 20 to 1 would put the current share into the $80.00 range and take most retail investors right out, this would be a terrible move. We're moving in the right directiion although slower than what investors would like, but we're moving and it's in the right direction. If you can't wait move on to something else.
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