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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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

Bullboard Posts
Comment by mtlcasinoon Jul 21, 2015 4:00am
188 Views
Post# 23943636

RE:Most Oil and Gas Stocks.....

RE:Most Oil and Gas Stocks.....am holding 5300 cpg @36.93 since 6 yrs..the div has returned 16.56$ over those 6 yrs..would not like it if div was cut by 50%..but if that is what it takes to survive in this low and lower oil price enviroment..so be it....if world economies stumble and oil price slips to low 40$ level.....or lower..and stays there for some time...i want the company to survive and come out the other side to take advantage of better times...am not a trader...but am watching it closely..would buy some more at 18$ level...also hold  2444 pwt @17.79  since july 2006//first bought at 39.41$....now consider the stock as a long term option.....if cpg could absorb pwt  and the deal made sense..that would be even better.....good hunting to all
Bullboard Posts