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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

Comment by jleer42on Jan 15, 2023 2:24pm
231 Views
Post# 35224357

RE:Did cpg hedge for 2023?

RE:Did cpg hedge for 2023?

Go to their website, hedges are laid out in the most recent presentaion.

Basically 20% hedged for Q1 and at these prices there will be a hedge gain. Mostly collars, but some 3-way collars and swaps as well. Collars are $91.00/$105.43. Hedges for Q2-Q4 are at better prices than Q1

JamesT wrote: Anyone know? And at what price? 2022 hedges hurted the bottom line for the majority of the year. Hopefully they hedge when oil was at $130 last year but I wouldn't be surprised if it was around mid $70s.

 

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