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 mtlcasinoon Jul 23, 2015 8:40pm

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Post# 23954856

RE:RE:RE:RE:$13.27

bandit69...you said that 6b is too much.....how much should it be according to your calculations ?..no wishful thinking on my part.....it could very well go to 12$..if i had any influence on management i would ask them why not cut the div or eliminate it completely to conserve cash in the low and lower oil price enviroment..i am sure that they have a strategy in play ..just not completely convinced that it is the best one......is the management so tied to their stated principle not to cut div that they are putting company at risk ?...would appreciate your perpective on this.....good hunting to all

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