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

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Comment by netprofiteer2on Jul 13, 2015 2:43pm

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Post# 23918908

RE:Trying to explain what's happening, Part 2

making acquisitions in a beaten down sector is OK but when you are the only larger company doing it using stock to pay for it, then exisitng shareholders have a right to be concerned. Its time for CPG to do their shareholders a favour: cut the dividend and simultaneously announce a share buyback program...the best acquisition out there is their own stock.

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