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

Bullboard Posts

Comment by momyoon Oct 22, 2013 2:34am

211 Views

Post# 21836009

RE:RE:RE:RE:well, well, well

Blade - to clarify, they didn't suspend drip. They still drip with 5% discount, but did suspend premium program where (I think) you got 102% of divvy if you took it in cash. So this might increase dilution, if people switch to the 5% drip.

As for acquisitions, I think we could see them yes but it wouldn't scare me coz Saxberg knows what he's doing and is smarter than the people who think otherwise. (Tho I know people will disagree with me on this point!) .

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