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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 Moemoney42on Mar 13, 2023 11:56am
108 Views
Post# 35334934

RE:RE:And again…

RE:RE:And again…Nothing wrong with a good down draft buy.. ;-)
I'm already loaded with CPG so I'll ride it out and focus on facts.. IE: QUOTE:

"
Last year, the growth of oil production in the United States was lower than many experts had predicted. This was due to investors pressuring companies to cut back on spending and focus on generating higher returns instead of expanding production. Additionally, weaker-than-expected well-production results in the Delaware basin also contributed to a flattening of output. As a result, the Energy Information Administration is forecasting that U.S. oil production will increase at about the same rate this year as it did last year, which is about half of what was initially expected.

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