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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 Mar 25, 2022 10:28am
70 Views
Post# 34545177

RE:RE:Fake undertaking

RE:RE:Fake undertakingAgree.  This certainly looks like nothing more than another "leader" trying to jawbone the price of oil lower.  Biden tried the same a few weeks back regading Venezuela.  Following the near death experience of past years, with western governments piling on with their attack on the sector, all companies should hold fast.

I think you are very correct about public sentiment.  Energy companies and their organizations need to get ahead of this and start seeding social media with their truth about where responsibility for energy insecurity and deficiency truly stem from.

arizonabound wrote:

Wilkinson must believe that more oil can be produced by sprinkling fairy dust, just like the globalists believe a transition to renewables can happen overnight as an answer to Putin's war.   I thought just maybe the Libs were coming to their senses and we're going to announce increased funding to finish trans-mountain or perhaps a new LNG terminal on the east coast .... instead all Wilkinson offered is more rhetoric.  

When oil hits $150 this summer, the gullible Canadian public will be blaming the "greedy oil companies" instead of realizing this has been a government-created problem.  Most Canadians have proven themselves to be idiots. 

If I'm an energy company, there's no way I invest big dollars into expanding production until the hypocrites in Ottawa stop playing politics and start actually investing themselves in the infrastructure needed to get the product to market.  

JMHO
AB



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