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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 Canoftunaon Oct 23, 2023 10:33am
207 Views
Post# 35696168

The feds

The fedsApproved a couple of these projects. One is about to be completed, the other was canceled by the very same company that applied to buid it. Why? Economically not viable. When NG was high one was started. When it was low the other was canceled. When NG hit 10 bucks they were caught with their pants down and everyone blamed the feds. It's a good thing the first one was already started. Stop spreading the fear.
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