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.

TSX:VRN - Post by User

Veren Inc

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Comment by mercatoson Feb 06, 2018 12:17pm

153 Views

Post# 27511617

RE:how much per barrel?

Hope this answers your question and many others. This clip is from the Jan 9/18 news release.
It addresses the concern regarding the WCS price differential and the minimal impact CPG's selling prices.

"Our light oil-weighted asset base continues to generate top-quartile netbacks," said Saxberg. "The recent widening of oil differentials is expected to have a moderate impact on our cash flows of approximately CDN$1.50/bbl in 2018, which has already been offset by the recent increase in WTI prices."

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