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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

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Post by soundandfuryon Nov 12, 2021 6:23pm
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Post# 34121944

Petro china buys ovintiv duvernay assets

Petro china buys ovintiv duvernay assetsCalgary, Alberta, September 1, 2020) PetroChina Canada Ltd. (PCC) has closed an agreement with Ovintiv Canada ULC, a subsidiary of Ovintiv Inc., to assume ownership and independent operation of certain Duvernay shale gas properties in west-central Alberta. The Duvernay asset produces liquid-rich gas and condensate.Sep. 1, 2020
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