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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 PetroLoonie1on May 08, 2019 12:49pm
170 Views
Post# 29725000

RE:Andy Bell Trashes Oil

RE:Andy Bell Trashes OilThis article worth a read and even if half correct, BNN clowns and Mr Socks will be waiting a long time to see the end of fossil fuels

CAISO Data: Critical Flaws In Evolving Renewables + Storage

https://seekingalpha.com/article/4260555-caiso-data-highlights-critical-flaws-evolving-renewables-plus-storage-mythology?isDirectRoadblock=true
 

"It’s easy to read about the wonders of grid-based storage and imagine a world where a combination of renewables plus storage makes fossil fuels a thing of the past.

However, it’s impossible to map a path to that world that doesn’t drive electricity costs to stratospheric levels.

Since the law of economic gravity says that the cheapest solution wins, investors are well advised to check their imaginations at the door when discussing the future of energy storage on the electric grid. 

There simply is no credible scenario where renewables plus storage will replace fossil fuels and relegate conventional power systems to the ash-heap of history."

Bullboard Posts