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 ronnie43on May 28, 2014 3:45pm

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Post# 22606979

RE:RE:RE:RE:Now this is brilliant. Three formations from one pad.

AmHunter, Poise, thank you for your replies. What you describe sounds similar to the Cardium formation in Alberta. When Ratcliffe was drilled did they leave a large areal extent that was oil-charged but not porous enough to produce with the methods of the day? If so, it could be a poor second cousin of the Cardium - which would still be a good prize even for a company like CPG.

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