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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
Comment by UppersDownerson Jun 16, 2017 11:28am
184 Views
Post# 26371112

RE:ctv regina

RE:ctv regina the word was workers are needed and they still will but oil needs to get to $50 for things to work out. I went to a few oil supply shops last week and asked if things were picking up and they said yes but not like 2014 and they also said they would like to see $60 oil so they could plan for the future. Seems like we are on a teeter tooter not knowing which way oil is going. I have brothers,sons,cousins,daughters and nephews working in oil in SE SK and they are all working but not full time some weeks. They will take anything but are worried with all the new taxes coming out that might harm their chances of continued employment.
Bullboard Posts