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 > CPG should Do What PRECISION DRILLING did.

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Comment by CdnOilObserveron Feb 09, 2021 2:53pm

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Post# 32515486

RE:RE:RE:CPG should Do What PRECISION DRILLING did.

CPG Management must create shareholder value. Even Nuttall stated today on BNN that investors were weary of this stock due to its enormous implosion. Raising the dividend to 3%, or $0.12 is a modest start. Continuing the NCIB is an excellent idea. They have done a good job at paying down debt, and they should continue. But it is time to balance the interest of the owners of the company - shareholders, now with the bond holders.

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