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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 TheBridgeon Sep 13, 2023 12:12pm
274 Views
Post# 35634007

Noteworthy

NoteworthyIn an article this morning ' Scotia analyst reveals his stock picks for the top resource play in North America' by Scott Barlow, Market Strategist at the Globe and Mail. 
Scotiabank analyst Cameron Bean sees big opportunities in the Montney formation in Alberta and British Columbia. "We expect the Montney to be a key driver of Western Canadian production growth over the next decade and a hotly contested M&A target over the next 12-24 months. Top Exposure. In our view, TOU, TPZ, AAV, ARX, CPG and WCP offer investors the best high-return organic growth potential in the play."

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