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

Bullboard Posts

Comment by msillusionon Apr 04, 2012 2:01pm

440 Views

Post# 19758992

RE: RE: Top Pick on BNN

Michele Robitaille,Senior Portfolio Manager, Guardian Capital talked about CPG during Market Call (1:30 PM) today. Highlights are:

CPG's hedging program should soften the drop in oil prices.
Its agressive CAPEX program should not cut into cash flow for dividend payout. About 60% of shareholders opts for dividend-reinvestment.

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