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 patenright1on Jul 26, 2015 4:27pm

142 Views

Post# 23961231

RE:RE:SHORT POSITION

some at $30 thought late to the party says highrider, some maybe but not most, at $30-34 cpg a few mths ago was discounting 65-70 oil in 2nd half 2015 and into 2106 but now cpg at 20 is discounting 50 oil in 2016 which I don't see. I see $65 avg wti oil in 2016 and therefore cpg fair value is around $30-35 because with 65 avg oil and leg purchase, dividend can be maintained and with current dividend and with 8% yield = $34

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