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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 Dec 31, 2021 1:52am
288 Views
Post# 34273080

RE:RE:RE:Global shortage of oil in 2022?

RE:RE:RE:Global shortage of oil in 2022?If you've been paying attention the last 20 years, you'd see that whether there's a real  abundance of oil or shortage is irrelevant. The only thing that really matters is what the majority believe. 

I predict within the next 24 months the narrative shifts from a shortage due to lack of investment; to a lack of oil because reserves are running dry due to decades of excessive decadent consumption.

This will serve five key purposes... it reinforces the need to constrain travel/consumption of average consumers; it raises inflation thereby making average citizens poorer and elites richer; it makes renewables appear cost effective/necessary; it feeds the climate/save the planet hysteria; and it will be used as an argument to convince people why global governance of the world's natural resources is necessary.

LiquidOctopusV2 wrote: Running out of oil?  You're hilarious. 

ol_griz wrote: Crazier by the day.  EOM

Anschutz wrote:

At some point the world is going to clue in and realize that covid was a setup to hide a financial crisis, and that we are running out of oil and set to experience a severe energy crisis before enough renewables come online to offset.

https://seekingalpha.com/article/4477209-biggest-oil-market-surprise-for-2022-is-opec-inability-to-meet-quota

 




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