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 check737on Aug 16, 2015 8:24am

166 Views

Post# 24022349

RE:Facts and Fiction

I think it will recover but only back to cost of production plus a few bucks.(60-70)
Nat gas as an example went through this and never recovered back to old highs and the glut never vanashed.

Sukhi19 wrote: As of now facts and fiction are interwined.
Oil never stays low for ever. History is the witness.
Dip may stay longer but it is not for ever.
At worst, smaller producers will vanish and production will drop.
.

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