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.

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Veren Inc

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Comment by yitearpon Feb 05, 2011 3:51pm

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Post# 18082078

RE: RE: Michael Decter on BNN this week

I bought at $38 level also and I'm not getting out for a long while. Prod to average 72500 boed this year with netback at $45.75 based on $85/bbl WTI- I like those numbers. Prod ramp-up is awesome considering 2009 prod was approx 45K. Moreover CPG is 90% oil and most of it is the light stuff. Throw in a great management team with a nice divy- like I said, I aint going anywhere.

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