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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 > Oil as an investment
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Post by Diligent2on Jan 04, 2023 5:44am
417 Views
Post# 35202098

Oil as an investment

Oil as an investmentI don't want to discourage anyone but.......
Europe had a natural gas problem about 1 year ago. Now there talking about enough gas for next year after cutting russia off almost completely. Canada cant build one lng facility in 10 years. Russia has been cut off and i see hardly any oil off the market, spr still happening, small dividends, small buybacks, Risk very high, return looking bad. Mr. Oil company, Mr. OPec+ better start helping me or you will LOSE me.
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