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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

Bullboard Posts
Comment by CmfrtblyNumbon May 21, 2013 7:43pm
166 Views
Post# 21423421

RE: re pipelines through BC

RE: re pipelines through BC

Pipelines, like the railroads, are deemed a necessity in the best interests of National Security. As such, National interests will take precedent - after all, we are all a part of Canada. No outside entities or special interest groups will dictate to Canada how to run their country, nor should they. Do you truly believe some of the largest identified global oil reserves will be held hostage because Native groups want a bigger piece of the pie? The Federal Government probably wants this issue to be resolved amicably, but if it isn't, do people actually believe the final result will be anything other than a pipeline to the west coast? Are there any other viable options? Perhaps if some miracle substance is discovered that economically replaces hydrocarbons in its entirety will these ambitions be derailed, but until then, BC can look forward to an economic stimulus it hasn't seen in quite some time. The unions are probably scrambling to prepare for the likelihood of a brotherhood taking over every aspect of this operation, from cradle to grave. Technology will prevail, and all will see the benefits will far outweigh the costs.

JMHO

Bullboard Posts