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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 Moemoney42on Mar 25, 2022 1:01pm
91 Views
Post# 34546023

RE:RE:RE:RE:RE:RE:Fake undertaking

RE:RE:RE:RE:RE:RE:Fake undertakingYeah Dog isn't it ironic.. the gov'ts all push for the green agenda.. listen to fools like Greta.. and now have to subsidise the truckers for the problem they created.. oh what happens when the chickens come home to roost.. now they expect the oil companies to pay for 25% of the rebate..! What do you call a politician at the bottom of a lake.. a good start..!!! 
Dogsbreakfast4U wrote:

Spain and other European countries are facing a reckoning for their reckless anti fossil fuel policies promoted by Greta and other much more powerful nefarious actors such as the biggest asset allocators in the world, the IEA and the WEF. World economies are going to collapse setting up the already developing new world order and Great Reset.

MADRID, March 25 (Reuters) - The Spanish government offered truck drivers a rebate on fuels on Friday as well as a one-time cash bonus in an effort to end a strike that has led to shortages and pushed firms to scale back production.

The package of measure - a rebate of 0.20 euros ($0.22) per litre of fuel and a 1,200 euro bonus - will cost the government about 1 billion euros, Transport Minister Raquel Sanchez told reporters after talks that ran through Thursday night.

“We have always been aware of the hardship that the transport industry like other sectors face as they are hit by the energy crisis that was intensified by the Russian aggression to Ukraine,” she said on Friday.

 

The rebate on fuel prices, a quarter of which will be paid by oil companies, will also apply to other transport companies, she added. Bus, light truck, ambulance and taxi drivers will also receive smaller bonuses.

The strike began on March 14 when a group of drivers and small truck owners began blocking roads and ports in response to rising costs, which have been exacerbated by Russia’s invasion of Ukraine.

Three transport associations joined after the government proposed a 500 million euro aid package on Monday that drivers quickly dismissed as insufficient.

 

Taxi drivers stopped working in parts of the country and the national fishing fleet also temporarily halted operations.

Spain’s CEOE business association on Wednesday complained that the government had been slow to act compared with neighbouring France and Portugal.

Retailers have urged consumers not to panic buy and stressed that food supplies are guaranteed, although there are shortages of some goods.

One of the main truck operator associations backed the government measures, though it is unclear whether the truckers from the loose protest group will accept to return to work despite the call from Prime Minister Pedro Sanchez to end the strike.



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