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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 TheBridgeon Nov 07, 2023 1:16pm
336 Views
Post# 35721825

New Chapter

New ChapterWell here we go again. Back to carrying and paying off a huge loan that we were paying off in quick fashion, share numbers increasing again after a NCIB program to reduce share count. More shares to reward management when the time comes again. And the shareholders are left again  wondering if the Management has lost its mind or if they've put us in better positon. It's clear today that we have a significant shift with a significant number of new shareholders. Wonderful how the market provides for shareholders to come and go at their own discretion, all trying avoid or reduce risk. As the new chapter unfolds, with so many uncertainies, we're going to find out how solid the ground that we are standing on really is. Scary but exciting!

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