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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

Comment by Moemoney42on Feb 25, 2021 9:39am
94 Views
Post# 32656642

RE:Moe yes the % hedged gets smaller

RE:Moe yes the % hedged gets smaller
soundandfury wrote: 60% 40% 30% 25%............average 40% for 2021

Still leaves some nice upside later in the year when prices are higher.. thats when it really counts.. and the ~30% after April leaves nearly 3 full quarters of 70% room to capture the upside or tack on better hedges throughout the year.. 
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