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.

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Veren Inc

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Post by smallcaptdron Nov 28, 2022 10:50am

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Post# 35133715

ATH overvalued and dying

ATH is the most disconnected out of all junior Oil plays, last time ATH traded in $74 Oil was in Jan the SP was $1.20 and this is why volume is drying up for ATH as we move forward, and its because of the SP being so overvalued that investors sold never to return and all that's left are snot-nosed traders with zero sense and this is why that the largest position held is Short at 38Mil Compare BTE & CPG volume to ATH volume on the charts below. Plus it cost ATH more to produce Oil because of Oil Sands as compared to BTE & CPG, Yes ATH is at the bottom of my fair trade list. BTE & CPG is where you want your money!

CPG