Bullboard - Stock Discussion Forum 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... see more

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TSX:VRN - Post Discussion

Veren Inc > Kaybob Duvernay will be Shocking

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Post by MyHoneyPot on Dec 06, 2021 2:40pm

Kaybob Duvernay will be Shocking

The Kaybob area has been exploited for years by shell, and shell never released results, and they didnt want to generate to much excitement, but the Truth is those wells will like knock the socks off investors and CPG will have a herd of new investors trying to enter the stock.

They have hardly drilled anything yet, but the costs are down 15% from shells costs? in any case this is likely one of the best play areas in Canada and is transformational for a company like CPG.

Kaybob will be their best economics, best reserves, and best ROI area, and it is huge.

I think once the results come out from CPG, i would expect the stock to hit 8 dollars immediately.

IMHO

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Comment by Moemoney42 on Dec 06, 2021 3:34pm

Agreed.. anyone with a modicom of knowledge in the patch knows that.. the rest are just blowhards.. kind of like the few that say they have an interest/own shares but continue to trash talk the company.. highly suspect to say the least.. :-/

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