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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
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(19)
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Comment by daniel004on May 25, 2016 2:16pm
134 Views
Post# 24903726

RE:RE:RE:RE:A nice addition to the CPG portfolio of plays

RE:RE:RE:RE:A nice addition to the CPG portfolio of plays
UppersDowners wrote: I thought Saxberg found religion and would only buy properties with cash flow and no more bought deals. 

Uppers, what's your general opinion of bought deals? Personally I think that if it was a truly accretive aquisition, any perceived dilution should be only temporary.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities