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 > Oil prices will surge to $100 this year, Goldman Sachs warns

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Comment by Aurum1983on Jan 20, 2023 12:30pm

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Post# 35235796

RE:RE:Oil prices will surge to $100 this year, Goldman Sachs warns

Here is another point for you to drool over. We don't even need oil at $100 for o/g to pop. With the current debt level and fiscal discipline we are at an inflection point as they will pay out 50% or more of their free cash flow. We are pretty much going straight up from here when CPG increases dividend (which I am sure they will).

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Canadian government to fund Electric Royalties portfolio property