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.

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Veren Inc

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Comment by poiseon Jan 30, 2014 1:03am

387 Views

Post# 22151409

RE:RE:Oh boy!! A Torquay hit.

Current production from all the new Torquay wells is 5400 BOPD. This prospect is vast as Red Beds Oil And Gas just drilled one at the Worknan pool.(very SE corner of Sask). Numerous licence infills within the discoveries now. This may double the oil reserves as it is a slightly thicker reservoir than the Bakken.
Clearly a game changer.
Poise

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