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 onward1on Aug 03, 2018 12:25am

184 Views

Post# 28408708

RE:RE:Man I hope for new CEO announcement soon

Well, he hasn't come out and said the following: capex will be reduced by 50% and op cost and over head will be reduced substantially. All the cash savings will then be used to reduce debt and buyback shares. There will be debt target of xx by end of year.

Patience is all the shareholders have had for years so no we don't need to have it any more.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario