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 Kaybobon Sep 28, 2015 5:33pm

211 Views

Post# 24142790

RE:RE:RE:RE:Wage rollbacks, layoffs, cuts to benefits

in the last couple of weeks I have heard about 3 layoffs of administrators in SE Sask. A couple from the Legacy takeover and maybe one CPG admin. Hardly anything.

This is getting sickening. A colleague said to me well their shares are down too so maybe that is the wage cut. CPG employees get some shares given to them as a retention so free shares are free shares. I guess I would not complain so much if my shares were free.

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