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 > Canadian $

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Comment by Iluvyellowsnowon Jun 27, 2021 11:13am

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Post# 33457453

RE:RE:Canadian $

Thanks LiquidOctopus And HighAlpha for your responses. It seems that there are many variables that will have an imact on the top and bottom line and the higher Canadian dollar and hedging strategies (I think CPG hedges 40% at $65CAD or maybe that's WCP?) are just two of them.

Big week coming up with Opec+ meeting on July 1. I hope they show some restraint and only increase by 500,000 barrels as reported by some news outlets. If they go for 1 million or more the market will likely punish them.

Been a holder of CPG at $16, WCP $11 and BIR $5. Ouch! Averaged down this year.

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Advancing flagship Ishkõday Gold Project in Ontario