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 lr8970on Dec 08, 2016 9:50am

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Post# 25570730

RE:RE:Is this good or bad for CPG?

Good point DrummerMan, I was hoping their new refinery would be good news for CPG https://www.stockwatch.com/Quote/Detail.aspx?symbol=QEGY&region=U

DrummerMan wrote: Ir8970 - One wonders if CPG can't sell its Saskatchewan oil directly to this refinery with minimized transportation costs? I believe that would be a good thing in that CPG might fetch a premium price for its oil.

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