Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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

Veren Inc

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Post by poiseon Nov 24, 2013 11:50pm

544 Views

Post# 21936917

Huge discovery

Right along the U.S. Sask border townships 1 ranges 12 to 14, huge wells within the Torquay fm.
wells producing 1320 Bopd. 9 wells so far but 30 just licenced and counting. Nothing like it in all of Sask. This one pool alone will increase production 15%,.
Enjoy and prosper.
Adding heavily to my existing.

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