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

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Post by soundandfuryon Jul 17, 2023 9:45pm

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Post# 35545275

Inflation reduces the us dollar purchasing power

This means more dollars required to bu barrel of oil...........usd will come under intense pressure next few years.........no matter what oil supply and demand scenario ......a weaker dollar is good for higher oil price........probaly the usd will depreciate by 20%......and canadian dollar should reach pariity with us dollar if we can get a new govt and stop the americanization of canada

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