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 yitearpon Nov 05, 2011 4:26pm

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Post# 19212735

Q3 results

Q3 results to be announced this week. Wonder if any surprise prod numbers will be announced, although I'm fine with 77500 boed to exit 2011. I don't expect EPS to be that stellar, with acquisition and share offering in Q3. At the end of the day prod keeps increasing (roughly 10%) year over year with prod at end of next year to be close to 90K. Why wouldn't a major take a run at this company?

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