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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 tollycrafton Aug 24, 2023 4:19pm
235 Views
Post# 35604336

RE:RE:RE:Interesting move.....

RE:RE:RE:Interesting move.....Good question barney.  Stock dropped .27 today but thats not unusual with this stock or WCP.  Full disclosure, I'm not in CPG but have regreted this.  Im all in in WCP and I know it's never good to have all your eggs in one basket.  Most of the time "where CPG goes, WCP generally follows" todays a bit of an exception.  I am seriously looking at dividing up with half to CPG. I've though about it long enough but keep thinking if WCP raises the divi ,which coud be anytime now, that may bring a small surge along with it but as I've been told by more experienced people on this board, thats not always the case. Going to decide tomorrow if Im going to join the CPG club.

GLTA
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