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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
Post by PetroLoonie1on Nov 12, 2019 5:59pm
134 Views
Post# 30342353

Diane Francis article

Diane Francis articlehttps://nationalpost.com/news/politics/western-alienation-goes-to-ottawa-as-scheer-and-moe-meet-with-trudeau?video_autoplay=true

“The International Energy Agency says global demand for oil will increase from 100 million barrels per day to 110 million barrels a day by 2040.

 The same agency says that, even if there is full compliance with the Paris Treaty on climate, the demand by 2040 will be 80 million barrels per day,” he said. “And natural gas demand globally will double”.

Even loonier is Ottawa’s aim to destroy Alberta, the world’s “most responsible” producer, with low emissions from a democratic country with human rights.

Canada’s oil industry is the envy of every country in the world and the 2019 election result is a damning indictment against the Liberals, NDP, Greens and Bloc Qubcois as well as the two-thirds of Canadian voters who voted for them.


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