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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
Comment by Speedybeedyon Aug 16, 2018 12:34pm
141 Views
Post# 28472669

RE:Halibuton and schlumberger reduced headcount by 25%

RE:Halibuton and schlumberger reduced headcount by 25%
soundandfury wrote: Two years ago..........good management gets ahead of the problem........i dont know cpg head count over past years but i think over 1000 employees is way too many for 180,000 bpd production.........imho.....does anyone know if cpg has had layoffs since 2014 crude crash????

I know for a fact after the crash they still operated their Calgary office like a 6 star all inclusive meanwhile Suncor along with Husky was getting rid of every employee they could of immediately as oil started to slide in 2014. 
Upper management took this company for a joy ride and now it suffers. It’s legal theft that no one can do anything about. And now no one wants to touch the company. 
Bullboard Posts