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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 lithomonon Feb 27, 2022 3:21am
275 Views
Post# 34465306

RE:12000 Chechens rolled into ukraine last night for Russia

RE:12000 Chechens rolled into ukraine last night for RussiaCorrect, all the more justification for NATO forces to step-in.

On the other hand, in past wars, the Canadian forces had some of the more successful impact.

Canadians need to be ready. The Russian aggression could come there too.

Undoubtedly, Western Canada oil & gas needs to step-up with reserves and production, especially with Europe's energy crisis & Germany has made the prudent decision over the past few days to cancel the NORD Stream 2 gas pipeline from Russia.

Although Germany is moving forward with ALL-Electric Lithium powered transportation, it will take time to bring the massive Frontier Lithium High Grade Canadian Lithium reserves at surface & depth on-stream to Lithium compound production as well as the large Lithium Americas Nevada Lithium clay development into production (permitted this week by the Nevada government).

In the meantime, while waiting for North America's Green Power raw material (Frontier & Lithium America's) to move into large scale production, Canadian oil & gas energy to be in high demand.
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