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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 Anschutzon Oct 14, 2021 2:28pm
221 Views
Post# 34006246

RE:Crude

RE:CrudeI disagree. I'd like to see WTI oil around at least $125 before levelling off. Oil is no different than any other commodity.  Current price is a function of ridiculous government policies. Oil is no different than other commodities, goods/services.  The price of a barrel should be decided based on market demand.  Everyone (other than O&G investors) have beneffited from cheap oil over the last 7 years. 

People need to wake the F up to what they asked for when they cast their vote last October (US) and September (Canada).  The party's over it's time to pay the piper.

Moemoney42 wrote: I'd actually like to see crude level off around this $80-$85 level for the balance of the year.. it would give time for the equities to catch up.. show the market players that thte price can be maintained.. and the levels of profit will exceed all the projections of most if not all the companies reporting Q3 numbers.
This would also allow the economies to get back to somewhat normal without too much inflation going into years end..




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