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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 soundandfuryon Jan 08, 2023 7:11pm
329 Views
Post# 35210107

Can they put wcs into the SPR though?

Can they put wcs into the SPR though?You know in order for wcs to flow through pipelines it must be diluted with condensate so that it will flow more readily............condensate is more pricey than wti and is removed and exported back to canada...........my understanding is if they store the stuff without condensate it might solidify into hockey puck type substance .........i wonder if anything i mentioned above is true or it might be just a figment of my imagination.......who knows........i think they want tanker crude delivered right to the SPR storage site.......probably iraq or syrian crude  or else west african......good luck with that joe
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