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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
Post by Kaybobon Jul 27, 2015 9:55am
210 Views
Post# 23962397

Dividend will be the last thing

Dividend will be the last thingI have had a few conversations with Scott Saxberg and I think he will do all sorts of tricks and games and cuts before he touches the Dividend.  He is so firm on this it might be more of a negative than a positive.  Lets face it with 1/2 of their oil hedged at $88 for the rest of this year they are in better shape than others.  Look for another purchase and a share issue as they always do to get out of trouble......even if it is at $18.
Bullboard Posts