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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 Sep 26, 2023 12:26pm
128 Views
Post# 35654770

RE:Every barrel of production they sell

RE:Every barrel of production they sellAnd again this comment shows your lack of knowledge about running and postioning a mid cap oil & gas producer.. just like your lack of understanding the reason for selling non-core assets.. 
Let me make this simple for you.. you dispose of low production lands with limited drill target locations, to invest in high production, multiple zone, virgin lands, with much higher production profiles, to sustain and grow future production and profits.. now of course you have to spend money to make money.. that's the nature of any business.. sheesh..!
Again, your just trying (rather poorly I might add) to muddy the waters of a company that WILL be paying down debt every quarter, while increasing production every quarter, with so far in Sept, somewhat stable crude prices..  


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