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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Comment by mercatoson Feb 16, 2018 6:10pm

414 Views

Post# 27575727

RE:Q-4 and Year end results.

I was just updating my spreadsheet today with some assumptions and came up with worst case:
These are my assumptions
Avg WTI Q4 US$55.36
NGL $25.90
Nat Gas $2.10
Exchange .79
Operating Expenses $218M
Operating Expenses $13.25/boe
Transportation Expenses $32M
Capital Expenses $450M
Total Oil&Gas Sales $1008M
Total crude produced 13432000
NGL 1798692
Nat Gas 9937932
Tax Expense $50M

FY17Q4
Net earnings $107k or +.19 eps
FY17
Net earnings eps +.06 eps

Bullboard Posts

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