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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 fishcarrieron Aug 25, 2023 1:31pm
196 Views
Post# 35605674

RE:Fine tuning is fine by me...

RE:Fine tuning is fine by me...Agree mainly. Perhaps they could have held out for a better return, though. Where I agree is their shift to core assets and concentrating on them. I don't like the roughly 50 cent devauation in share price. I like to think they will recover a lot of that loss in due course. Right now the stock is lower than Whitecap's. It should bounce back soon enough I hope.
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