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 splurgeon Jan 06, 2015 3:01pm

237 Views

Post# 23290870

RE:CIBC mkts & 'levers '

Dilution??

The way I was taught to look at it is that Dilution occurs when you issue shares and the company sits on the cash proceeds.
However the CPG does not sit on the cash. If they buy and asset at an accretive value you have the opposite. On a per share basis if cash flow is affected postively by the acquisition via an equity issue then it is fine with me and the banks and most shareholders.

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