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.

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Veren Inc > Fake undertaking

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Comment by Moemoney42on Mar 25, 2022 11:23am

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Post# 34545565

RE:RE:RE:RE:Fake undertaking

Agreed AB.. they're already looking at the financial sector with a special tax to strip away some of those profits.. guaranteed they'll do the same to the O&G industry with the stroke of a pen.. :-/

arizonabound wrote:
The willingness of the energy industry to get into a publicity war with the Liberals should be avoided for 2 reasons. One, the vindictive Trudeau government would probably happily turn around and put a new tax on the industry. Two, why complain? Let the profits roll upwards as nothing gets done to fix the short supply. Ultimately the public will begin blaming those in power if the pain runs deep enough.

Most likely the worst thing for us investors would be for governments to recognize the damage they've done and reverse course. Of course, what's good for us is horrible for the voters as inflation ramps up and families are forced into poverty and the world into insecurity. But that's what the voters have asked for (in general) and so I say let them lie in the bed they've made. Nothing more comical than watching lefties whine about gasoline prices.

JMHO
AB