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 > Technical Analysis

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Comment by Anschutzon Feb 28, 2024 12:52pm

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Post# 35904233

RE:RE:RE:Technical Analysis

I seem to recall hearing management say this after every acquisition going back ten years. The last time I think was in follow-up to the acquisition of the Shell assets. I put very little trust in anything they have to say in relation to purchasing assets.

BushBoy4488 wrote: The ceo did say they are done with acquisitions after the hammerhead deal and are happy with the assets they have now with that said I can see the next few quarters be big pay down debt quarters if oil can stay here

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