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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 taman1on Mar 10, 2016 12:49pm
164 Views
Post# 24644101

Seriously I am

Seriously I ammore comfortable holding on here with the divs cut .. yes cut was drastic but this can be compensated by share growth. We know yield can be destroyed with depreciating share price and a low yield here with the uncertainty of oil price and possible accretive acquisitions with cash saved by not paying out in an increasing oil environment is a definite positive ..maybe days of issuing shares can be shelved till we are back to $30 with oil at $50 ... with CPG profitable at $25 oil ... imagine at $50 oil with no meaningful yield and if oil stays at above $40, we know CPG is profitable and yield can easily be increased with an announcement ... GLTA ... Cheers
Bullboard Posts