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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
Post by jamesbayon Aug 09, 2015 12:41pm
199 Views
Post# 24001368

I dislike reporting these comments, but we should know

I dislike reporting these comments, but we should know

MONTREAL — Most of the federal party leaders stayed off the campaign trail Saturday, but a comment from a high-profile New Democrat candidate on the oilsands stirred up a political hornet’s nest in Alberta.

Linda McQuaig, a well-known author and the NDP candidate for the riding of Toronto Centre, told a CBC television panel discussion on Friday that for Canada to meet its climate change targets, “a lot of the oilsands oil may have to stay in the ground.”

The comments contrasted with NDP leader Tom Mulcair’s past comments on Alberta’s oilsands. Mulcair has been open to oilsands development provided there is rigorous environmental protection and legislation to force oil companies to pay for pollution they create, including increased greenhouse gas emissions. He has favoured the development of an east-west pipeline.

https://www.vancouversun.com/news/world/High+profile+candidate+under+fire+saying+98oilsands+have+stay/11277259/story.html


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