Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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.

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Veren Inc > Eric Nuttall

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Comment by ztransforms173on Nov 30, 2023 12:25pm

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Post# 35761364

RE:RE:Eric Nuttall

- BUYING 10% S/O of PD (say 1,360,000 @ $ 82.00) was a GOOD MOVE if DRILLING HOLDS UP in 2024

- there is LARGE service contract INFLATION and SHORTAGE of SKILLED PEOPLE which means PRICING POWER is in the HANDS of the DRILLERS

- they also LOWERED DEBT

z173

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