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 FSComeauon Jul 24, 2015 1:13am

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Post# 23955451

RE:RE:RE:RE:THEY WILL HAVE TO CUT THE DIVIDEND !!!

About Saudi Arabia... They are really pushign their time the longest they can. They really want US production to decline. This plan is pretty stupid if you ask me. Saudi should have accepted a $60WTI and be happy with it. They won't stop shale oil no matter what and in the process, they are ruining themselves.

Peak oil will come one day, zero doubt on that. Saudi shouldn't sell its oil at $30 (the current discount on WTI) when it could sell it at $200+ in 15 years.

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