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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Post by PetroLoonie1on Jan 16, 2020 4:18pm

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Post# 30562068

SCC dismisses B.C.'s appeal in Trans Mountain pipeline case

https://bc.ctvnews.ca/supreme-court-dismisses-b-c-s-appeal-in-trans-mountain-pipeline-case-1.4770805?cache=yesclipId104062

OTTAWA -- OTTAWA - The Supreme Court of Canada has dismissed an attempt by British Columbia to assert authority over what can flow through an expanded Trans Mountain pipeline from Alberta.

The threat that B.C. would refuse permission for heavy oil to move through a pipeline to the Pacific coast is what prompted Kinder Morgan Canada to give up on the project and sell it to the federal government for $4.5 billion.

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