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 darbon Jun 09, 2015 2:22pm

177 Views

Post# 23812077

RE:RE:RE:Market Pricing in Dividend Cut to CPG...?

I beg to differ on your "point c". When a country's entire economy is based solely on oil production/sales, they cease to be "low cost oil reserves".

Saudi Arabia, for example, cannot last much longer without +/_ $80 oil. They may not be depleting their oil reserves but they are sure cleaning out their treasury!

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