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.

TSX:VRN - Post by User

Veren Inc

Bullboard Posts

Comment by patenright1on Aug 12, 2015 9:36pm

255 Views

Post# 24013370

RE:RE:RE:RE:RE:RE:Dividend Cut is positive

bandit, relax. many shorts were in this until a div cut was made, well it just was and why 20 is possible tomorrow. not sure who sell at this point, as still getting a 6-7% yield and many will buy now with the div cut out of the way as many were not buying because of this uncertainty, so it should rise tomorrow but who knows , maybe the usa hedge crooks will keep naked shorting this tomorrow

Bullboard Posts

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