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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

Post by Vinnie3on Mar 03, 2021 10:49pm
150 Views
Post# 32712226

Shale is lurking in the bushes

Shale is lurking in the bushesShale producers are licking their lushoily lips biting them tenderly as each penny increase brings them closer to restarting. Go oil go. Each penny increasingly unwraps the champagne wrapper around their oily corks. There are zillions of barrels out there. Each penny warrants phone calls to workers to stand by the potentially gushing wells ready to pump without stop. Beverly Hillbillies.The smell too is intoxicating. Each penny brings  closer the financial freedom the shale drivers crave for violently. while getting drunk drinking their own oil. Their hands are dripping with oil all the time. Each penny upwards brings them closer to liberating oil deflation that is equivalent to being hit with the strap for every dollar downwards in oil prices. The shales are anorexics and masochists , their addiction to a few dollars of profit makes them like serial predators who cant control their impulses when there just $500 to make in one hour. Thats is the climax of their experience, a few hundred dollars an hour and thousands of workers bringing home the bread. Oil dopamine high for shalers , natural and oily.Hope you oil understand this truth. 
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