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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 mercatoson Nov 01, 2018 3:57pm
107 Views
Post# 28910351

RE:Uinta

RE:UintaYes true but reading this I am not so sure Encana/Viewfield are going to either develop or sell it.

Utah and the Uinta Basin Newfield owns interest in more than 225,000 net acres in the Uinta Basin. Operations are divided into two areas—the Greater Monument Butte Unit (GMBU) and an area to the north and adjacent to the GMBU known as the Central Basin. Our efforts today are focused on the Central Basin. The Company concluded a 20-well horizontal drilling joint venture program in late 2017 in the Central Basin. The results of the program demonstrated an ability to improve the economics of our plays in the Uteland Butte and Wasatch formations for future development. We are today drilling to hold our remaining acreage by production and preserve the long-term option of the play
Bullboard Posts