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.

TSX:VRN - Post by User

Veren Inc > GLTALongs. Burn the shorts. Still low share price.

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Comment by TheBridgeon Jan 27, 2022 10:56am

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Post# 34366564

RE:GLTALongs. Burn the shorts. Still low share price.

It's going to take some mor patience. With all the cash rolling in each day at these oil prices it's just a matter of some more time before the share price moves up. Buy backs and paying down debt will speed up the process, so will the oil prices as they continue to move up this year.

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