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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

Comment by Lash99on Jun 17, 2022 2:33pm
517 Views
Post# 34765339

RE:RE:Management needs to release some news

RE:RE:Management needs to release some newsHoooweee ! Now that's what I call a good week for the shorts. Never had the guts to do it though. With the US remaining a little hawkish re interest rates this was inevitable. I agree there is absolutely nothing management can or even should do to prop up the price. However they/we are buying back shares a lot cheaper than last week. This is all good folks ! Higher interest rates will slow the economy and perhaps put it into recession if we aren't already there but it is necessary for the long term. We have financials out on July 27th and I am sure they will be pretty darn good ! Anyway , the shorts won this week . I'm sure the longs will win in the next week or two. Glta. Lash
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