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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

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Post by geezer21on Oct 21, 2021 4:14pm
193 Views
Post# 34034447

U.S. Oil Funding Canadian NGOs

U.S. Oil Funding Canadian NGOs
NGO funding came from oil interests in the United States to block the Northern Gateway pipe to stop our oil competing with trade to Asia.

That is the same as U.S. efforts to stop the Nordstream 2 Russian pipeline as it would displace U.S. LPG into Europe.

In the long run we will thank them because the oil we keep in the ground will become extremely valuable as resources dwindle.  It will get to the point were we may not even want to sell as we will be one of the last countries with sufficient oil to supply our domestic needs. However, that maybe difficult to do with the U.S. owning so much of our oil.
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