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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 Mar 23, 2024 9:36pm
144 Views
Post# 35949178

RE:RE:RE:RE:TD

RE:RE:RE:RE:TDYou know I see your point Anschutz however what I don't understand is the energy you put on this board if you have so little invested. I've been holding this company a long time actually way before the Bryksa days. So I agree there is a lot of frustration to not get the payback we all should or deserve. However , look at where we are at ... they took the debt from what 4.7 billion on crappy assets to 1.7 billion on fair assets to 3.7 billion in debt on excellent assets. Now a name change to rebrand to Veren Inc. My hats off to these guys ! Let's get the dividend up a bit , let's get the debt down a bit and finally let's retire some outstanding shares. At the end of the day if you are long you should make some money ! Kind of funny though that currently Crescent Point is one of the heaviest shorted companies in the Canadian Oil patch. Too many people out there have memories like elephants of the past ... let it go ... go long you will make money. Veren is the new truth so let's make it happen. Glta Lash
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