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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 Anschutzon May 12, 2024 10:10am
242 Views
Post# 36035775

RE:RE:RE:CPG acquisition pause?

RE:RE:RE:CPG acquisition pause?Hey Lash my tongue in cheek comment was in regard to the Bryska quote about acquisitions. I understand the financials.  Let's see if they really apply the proceeds to debt. Until it's reflected in the financials, I take anything they say with a large grain of salt. 

As for being short, I'm not. I am only holding a few thousand shares in one account. Majority of my investments are back in cash as I think WTI is heading lower in the short term.

All the best. Good luck.

Lash99 wrote: Oh cmon Anshutz , be nice. The loss is an accounting thing so we don't have to pay tax later. I know you know this. The company killed it ... again ! They have gotten rid of crappy assets ok it wasn't costing them anything so the real reason was to lower debt. Terrible just terrible that these guys are so frigging responsible that they are actually building a hell of a company.  Over 191000 boe's per day and inventory that extends to 20 years plus. My good man are you short ? I know we are always looking to the future for something that would give this stock a positive boost , I know Sarfraz never returns most emails especially if they have a negative tone but you really have to think we are going in the right direction. Go wti go ! I have been here holding this way too long and now I have to say ... go Veren go ! Glta !! Lash


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