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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 22, 2021 5:08pm
173 Views
Post# 34039237

RE:RE:RE:Have you heard the term "energy cannibalism"

RE:RE:RE:Have you heard the term "energy cannibalism"Average time in Canada... 30 to 50 years to get through the regulatory red tape, diversity/gender analysis, payouts to first nations and foreign funded protests.

SchoolNmoe42 wrote: Average time to build a nuclear plant.....3-5 yrs in the states.....just saying


Anschutz wrote: I read this article this morning.  If this is true, people will have much more to worry about than the price of oil.  Personally I give it less credence as nuclear could drastically help with this.  I recall 20 or so years ago the idea of building nuclear reactors in Alberta was being floated to supply cheap energy to the oil sands.  Unfortunately the idea was shelved.  Nuclear will come to the forefront again if the cannabalism theory is true.

soundandfury wrote: Energy canabalism is the amount of energy required to produce energy.........it is estimated that by 2024 energy cannabalism will be 25%........by 2050 energy cannabalism will be 50%........this means that 50% of the energy produced will be used to produce the entire supply of oil and gas production .......without exceptionally high energy prices the production of oil and gas is not sustainable due to energy cannabalism......imo

 




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