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 > We don’t need $100 oil

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Comment by LiquidOctopusV2on Aug 12, 2021 11:03am

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Post# 33691514

RE:We don’t need $100 oil

I keep saying the market is reacting backwards. Companies in the position of CPG shouldn't be reactive to downward ticks in the oil price. CPG looks amazing at $60/wti.

Grandcentral wrote: >$50 is all it takes for a good balance sheet. We are just off of $70. The market is suffering temporary paralysis from new Covid fear and environmental attention. Meanwhile, Canadian energy keeps pulling in massive cash. The party will go on.
GLTA

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