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 > Never Say Never

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Comment by Burgersandfrieson Apr 12, 2022 10:24am

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Post# 34596688

RE:Re: Never Say Never

Even at current prices most Canadian o and g firms will be debt free in the next year or so. Banks will be praying to get their business back at the higher rates but their just may not be much business..Birchcliff as an example owed 770 million July 2021 now owes 490 million let's see where that number is this July then December. Billions of debt will be off the books soon not great for banks! Jmo

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Understanding tax loss season and the “Santa Claus rally”