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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 > And again…
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Comment by Moemoney42on Mar 13, 2023 12:03pm
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Post# 35334958

RE:RE:RE:RE:And again…

RE:RE:RE:RE:And again…And to cap if off..

"The rig count has recovered since the pandemic, yet it remains below pre-pandemic highs. New-well oil production per rig has come down a lot since 2021. While total oil production in the region is further rising, growth is significantly weakening, as new production is now barely able to offset legacy production declines."

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