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 > Noteworthy

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Comment by JohnnyDoeon Sep 13, 2023 3:14pm

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Post# 35634477

RE:RE:RE:RE:Noteworthy

whereshunter wrote: ok, thanks. i currently have 11000 wcp & 16300 cpg . was considering 50/50 split

I don't currently own wcp but do have a sizeable position in CPG.

Where we are in the cycle right now, I think you'll do ok holding any of maybe 15 names. I'd slant to companies producing more oil than gas, but that's long been my bias.

I think both companies will do fine. I think you'll just end up pilling your hair out of you get say 30% on CPG but BTE or Pou returned 40%. It's impossible to pick the best returns all the time. It's a good time to be in oil. Let them both ride.

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