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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

Comment by Aurum1983on Jan 12, 2023 10:16pm
198 Views
Post# 35220134

RE:Warm Weather Could Help End The War In Ukraine

RE:Warm Weather Could Help End The War In Ukrainethe war is getting bigger with no end in sight. French tanks, US air defense system...Russia putting top general with ability to full mobilization, EU is on the verge of joining in. Then China will have no choice but to participate...then US by proxy. This war will last at least 5 years. The economic effect is permanent. The run up for oil is just begining. You have many winters and summers of decreasing production and elevated oil price.

re. more SPR release...how did that work out in 2022? only the US is short-sighted enough to release when literally the rest of the world is trying to secure future supply and fill their reserve. One has to think it is because Biden want to screw the GOP when they win in 2024. That is why o/g companies are in self-preservation mode...investment is impossible with Biden in charge. There is nothing to do but return free $ flow to the shareholders. Good enough for Buffett. Even if you are not smart enough to see the up trend, hopefully you are not dumb enough to short.

smallcap...my advice is try to tune out the daily BS and think longer term. Also, slowly reduce your impulsive embarrasing posts...start by max of 2 daily...then 1 per day...then 1 per week...and then just stop and you are cured. No more meds. 
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