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.

TSX:VRN - Post by User

Veren Inc > Take Advantage

<< Previous

Bullboard Posts

Next >>

Comment by Moemoney42on Jun 21, 2022 1:18pm

348 Views

Post# 34771770

RE:RE:RE:RE:Take Advantage

I'd like to add that I'll be staying invested in O&G for a number of years and collecting my handsome dividends to boot..!! Time for us long suffering O&G investors to make up for lost years.. IMHO.. ;-)

Moemoney42 wrote: Helema Croft of RBC just painted a clear picture (as many have) of the potential for strong crude prices for years.. she's very connected and realistic in her commentary.. confirming the lack of investment will keep crude prices high for years.. it will take years of big dollar commitment by all companies to maintain production, let alone increase it.. the payback for a decade of underinvestment will be a factor going forward and poor share prices are turning, and a long way from a peak.. IMHO..

<< Previous

Bullboard Posts

Next >>

Critical materials crisis: Diversifying away from China’s monopoly