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.

TSX:VRN - Post by User

Veren Inc

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Post by ztransforms173on Dec 05, 2024 1:16pm

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Post# 36347545

TOOK DETOUR: SOLD BTE To BUY VRN: REVISIT In April 2025 !

- BOTH BTE and VRN are SEVERELY UNDERVALUED

MyTake:

- VRN will REBOUND FASTER than BTE in the NEW YEAR

- ONLY DOWNSIDE is that VRN is MUCH MORE GASSIER than BTE {+ 20% in terms of boe/d}

* hopefully, NG prices will FIRM UP this WINTER SEASON (?)

- TOOK an ~ 15% LOSS but have POSITIVE CAPITAL GAINS to NET OUT LOSS

- we will 'see' HOW IT GOES

z173

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