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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
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(2)
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Comment by Kaybobon Sep 03, 2015 11:08am
121 Views
Post# 24075230

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Layoffs

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LayoffsWell if there is such a big cap-x cut then what will all the people do?  Less drilling, completions, flowlines, coordinating.  Just more or less keep a bit of a drilling program and keep the lights on.  Layoffs are being worked on right now and are going to happen.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities