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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

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Post by 1970Craigon May 15, 2022 1:12pm
330 Views
Post# 34684934

Shell PLC

Shell PLC

   Well , this acquisition is really starting to look golden.  So 50 M shares for shell at 4.50 a pop , good for them to.  

  We got 10 years of incredible drill locations , and like Whitecap this put the share count higher , added substantially to the debt.  

 DEBT PAID DOWN AS FOLLOWS 

 1.2B at $80 dollar oil and 1.4 at $100 dollar oil. 
  
    CPG with there condensate production is coming in higher , so if we eek out this price range for WTI another 6 weeks.   Look for a very strong beat on analysts recommendations, and company forecasting 

    It's a slow game , here and at WCP.  However in my experience slow hard earned money !!  That is the money you keep.  

   Easy come easy go.   We are good  

Happy Sunday !!


 

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