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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

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Post by soundandfuryon Aug 25, 2023 11:54pm
284 Views
Post# 35606447

Usa shale assets usually fetch alot more than in canada

Usa shale assets usually fetch alot more than in canadaAnd the bakken is going to produce 30% of usa shale oil by 2040........this is a massive oil reserve.......why cpg would sell this asset to some uranium small cap company is a mystery to me............there are many many private equity firms eager to get into the oil business ........this is a really weird deal cpg made......i will just leave it there
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