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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

Post by Dogsbreakfast4Uon Apr 22, 2021 2:53pm
185 Views
Post# 33046476

Management Compensation

Management CompensationJust finished reading the Information Circular(IC) received in relation to the upcoming AGM and voting.

I voted against all of the proposed management team and encourage you to do the same. 

When reading the IC, I could not help but think(yet again) that if management spent a bit more time thinking about shareholders instead of their compensation, we the owners of the company, would be doing much better. The thousands of dollars spent on studies (both internally and via external consultants) and the way they present/twist facts to "demonstrate" they deserve millions in compensation is just sickening.
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