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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 Seppelton Dec 27, 2023 6:24pm
161 Views
Post# 35801908

RE:RE:RE:RE:RE:Fact check

RE:RE:RE:RE:RE:Fact check

The Tuna Can has a tough task to defend a woke, DEI, religious cult brainwashed PM and his environment minister, a former green peace activist. He is like a Soldato guarding the Familia. He would have a better luck in a daycare or Harvard but trolling the site for investors in Canadian oil and gas companies makes his mission impossible.

The fact is that Canada is the least suitable country for full adoption of EVs.
Hybrids, on the other hand, designed for better fuel efficiency and available in most popular vehicles, would have an immediate impact on emissions. They are also the least expensive and least affected by the supply chain problems and possible shortages of base and rare metals, production of which is dominated by China.

But Canada doesn't offer any incentives on hybrids. The Cult says, no compromise. Must be the most expensive and impractical BEV or long range slightly less expensive Plug-In hybrid. That should be fine with investors because Hybrids, if fully adopted, would affect the demand for oil. 

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