Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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.

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Veren Inc > Technical Insight™

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Comment by Anschutzon Mar 06, 2021 10:24am

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Post# 32735929

RE:RE:RE:Technical Insight™

Probably one of the cleanest text book examples I've ever seen. It's always easy to see it in hindsight. It's much harder to see when it's first starting and also to have the cojones to keep playing it. At some point it will reverse however I think oil and Canadian E&Ps still have lots more room to run. I actually didn't play the CCI and in hindsight I should have. Instead I bought low and have been holding. That being said I did average up yesterday picking up another 5000 shares of CPG yesterday (likely when Bp was selling) LOL!