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 oilyexecon May 02, 2018 4:23pm

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Post# 27972619

RE:RE:Iran sanctions coming!!!

The experts are forecasting a 300,000 - 500,000 bopd reduction in Iran production if "original" sanctions are re-imposed. The main problem is tanker insurance problems as most insurers are located in USA and they will not be allowed to provide coverage to Iranian oil shipments. Maybe China or Russia will step up to the plate and there might be nothing more than a burp in Iran's production.

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Southern Ontario mineral processing operation receives green fund support