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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 22, 2015 11:02am
189 Views
Post# 23948563

RE:RE:the bottom.....

RE:RE:the bottom.....approximately 500 million shares at 2.76$ div per year..not paying would mean that 1.3 $ billion would not be going out the door..less pressure on the company...lots of unhappy shareholders sold on the idea of a never cut dividend..am holding 5300 cpg@36.93 since 2009..collecting div in cash every month...when circumstances change ..you adjust your ideas..if oil really tanks..and stays there...lots of things we said would never be done might have to be considered  in order to survive...also hold 2444 pwt@17.79 since 2006....by the way ..no idea how low oil is going or how low cpg is going...good hunting to all
Bullboard Posts