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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 TheBridgeon Jun 23, 2022 10:59am
253 Views
Post# 34777009

RE:I could see red at this pace...

RE:I could see red at this pace...So at what level of crude prices would CPG reach a breakeven point or start losing money? What would be the level of economic activity or inactivity in North America and the world that would reduce the consumption of crude products to crushing levels and destroy producers such as CPG? I think we're either in or approaching the Chicken Little stage of the sky is falling stage. IMO, hang on to your shares, wait it out and profit significantly, if not others will profit in your stead. Risk, what a wonderful and exciting element in one's life...........but try to have a great day inspite of it!
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