Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by broker71on Dec 10, 2018 5:37pm
120 Views
Post# 29094104

Poor Albertans

Poor Albertans
Alberta contributed more money to the federal purse than any other province in Canada from 2007 to 2015, and has received fewer dollars in return, according to a study released Thursday.
 
The study by the Fraser Institute — a conservative, free market policy think tank — found the province contributed $221.4 billion more in revenue than it received in federal transfer payments and other services in those years.
 
That works out to about $5,000 per Albertan, per year, according to Ben Eisen, director of the Fraser Institute’s Alberta Prosperity Initiative.
 
The report said that of the $158.3 billion paid out in equalization payments from 2008/09 to 2017/18, roughly $28.1 billion came from Alberta.
 
It said none of that money has flowed back into Alberta. And it said the province continues to “contribute disproportionately” despite its recent economic woes.
 
Bullboard Posts