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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

Post by Dogsbreakfast4Uon Dec 11, 2021 12:54pm
305 Views
Post# 34221773

What is your ESG/Social credit score

What is your ESG/Social credit score Loans interest rates used to be related to the ability to repay the loan. This is no longer the only criteria for many corporate loans. Financial institutions are now adjusting credit interest rates based on so called ESG considerations. ESG is essentially a social credit score. Rates for many corporate loans are based on whether the company meets certain set targets regarding minorities, women, carbon use, etc. It is a matter of time before this is applied to all of us as we apply for credit. How much carbon do we use or consume will be one of the questions we will have to answer when we apply for a loan. I see that you drive Ford Heavy Duty pick up! You have a boat!  You travelled by plane 8 times last year! You own shares in O&G companies! You are a bad boy, sorry person are you...
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