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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

Post by drunk@noonon Oct 22, 2023 3:39pm
214 Views
Post# 35695417

Austrailia already exports 11bcf per day of nat gas through

Austrailia already exports 11bcf per day of nat gas through their LNG plants. Cost to process and transport, what, $3-4 a mcf, and you get $15 to $30 for it dependihng on seasnal demand/weather What would that bring into the country? Let;s seem even a a measly 10 dollars us a mcf incremtal cashflow, you talking  11 million times $10 dollars US or 13.33 cdn time 365 days. $53 billioln a year. That's money flowing into the country from abroad. Instead we might get to start exporting 2 bcf a year or two down the road, if the powers that have been fighting against this for the past decade don't do something to stop it.  This country sickens me.
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