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 > Market Efficiencies, CAD O&G and CPG

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Comment by Moemoney42on Nov 08, 2021 6:21pm

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Post# 34102394

RE:RE:RE:RE:RE:Market Efficiencies, CAD O&G and CPG

On second thought it appears they will be using water flood in Flat Lake as well.. as they've already had success with it in the Ratcliffe zone.. so disregard the previous post.. for now.. LOL..

Moemoney42 wrote: I wouldn't be surprised if CPG introduced a CO2 sequestration element to their Flat Lake play.. its just a short distance from WCP's Weyburn unit and that P/L from N. Dakota runs very near or possibly though CPG's holdings at Flat Lake.. just a thought.. and my opinion only.. but it would be a game changer long term for that play, as they have done in their Viewfield play with H20 injection..???

CashHungry wrote: I also hold WCP as well as 8 other names. I love it when stocks rise at different times as it provides a great opportunity to rebalance giving an added boost to my portfolio. With WCP I am a little more patient as I look at its risk profile as being very good and I believe its CO2 sequestration will be monetized in ways that will be very favorable in 22.