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 > Why?

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Comment by Barkison Oct 19, 2022 8:22pm

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Post# 35035132

RE:RE:RE:Why?

More likely scenario is one day some debt-free mid-cap oil/gas producer
will get taken out at a hefty premium leaving all the short shares stranded
with no way to cover except topay the purchase price.

Nice thing about that scenario is that the cash infusion into the sector
will cascade from producer to the next lifting all of them to a new level.

G.L.

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