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 Franman184on Mar 08, 2022 11:37am

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Post# 34495502

High oil prices now reduce the cost of business later

Unless your 100 percent hedged or already debt free. The higher priced barrels now reduce your cost for future barrels produced. Win Win - We only need oil to stay above $70 for the next decade to see monumental returns to share holders of Canadian oil and Gas stocks. I only see a major global reccesion, another pandemic or the discovery of the ages to produce energy. GLTA

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