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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 soundandfuryon Feb 24, 2022 7:03pm
336 Views
Post# 34460011

Cpg hedges

Cpg hedges As of november 30...........looks like 20,000 bpd swaps..........and another 25,000 bpd in collars........got this info from cpg web site ........the swaps locks in cash flow at a certain price........the collars allow some price appreciation as crude rises but not 100% correlated......for example if crude rises $10.00 cpg might only get $5.00 ..........no way of knowing if they put on more hedges since nov 2021 though
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