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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

Post by TheBridgeon Jul 12, 2021 10:51pm
334 Views
Post# 33534350

Community Toy

Community ToyIve held CPG for a long time and still have high hopes for it. But I've finally realized that holding this share is like owning a community toy. Everyone plays with it and when they're done this just drop it anywhere and eventually someone puts it in the play box to be played with at another time. Community toys are played with by shorters, opportunistic day traders, board of director members and even management, they all get  the satisfaction of play. Us longs we just get to watch from the sidelines and wonder if we're going to see our toy destroyed, to witness someone not playing with it properly, and whether we'll eventually get it returned. It's a tough life being a community toy share holder because it spans the range of losing the toy at one point, to seeing a glimmer that it's going to be a popular toy and then watch it get left in the play box for what seems like forever. Anyway that's my story, that's how I feel and I'm back to the high hopes stage if crude continues to climb. Hope tomorrow's a better day!
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