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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

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Post by Bpultraon Jul 07, 2021 10:39am
117 Views
Post# 33505001

Shorters rule

Shorters ruleThey break $5 going to be a ton of people on margin get a call tomorrow Am.... SO  that $5 wall is a huge thing... if it breaks usually when you are on margin you will get a call... and then if you have a good relationship with the broker ... you either get a day to cover or see if it goes back up over $5 or not ... or you have to cover in like a couple hours... meaning more cash or sell shares...and the shorters know this .. so if it breaks $5 look out.... been there none that I know longer use margin .. will see if they break it.... why wouldn't this be a good time to start an NCIB ?  I have no idea .. insiders maybe have no clue either ... other than what to order for lunch
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