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.

TSX:VRN - Post by User

Veren Inc

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Post by Diligent2on Jan 04, 2022 7:38am

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Post# 34280845

The real facts

I hear all these numbers about US production going up this year? RBC just reviewed the october (latest oil production report from eia) numbers and they have lower 48 prod up 372mb/d YOY. Offshore was up 680 from restoring tropical storm oil. Ducs number have been down several weeks in a row.They will need more oil . They seem to be right at ducs normalization. Strongest tailwinds for oil in my investing career.

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Rick Rule’s election insights: Gold, USD, and Canadian gas