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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 Lash99on Mar 17, 2024 1:17pm
171 Views
Post# 35937291

RE:RE:RE:RE:I expect …lol

RE:RE:RE:RE:I expect …lol

I don't disagree. I tried to buy something else and the diesel pickup I was wanting kept getting delayed. I need a vehicle to go about 125k per day. 50k each way and then with some running around. The warranty on the Genesis is pretty good at 150k or 8 years for the batteries. The insurance compares to bang on a gas vehicle at about $2300 per yr. Depending of course what you put on it. Liability stuff , replacement if you want it etc. My fuel costs were $500 plus per month with the pickup and I need a pickup for other things just not highway driving. Anyway , now my maintenance and fuel costs are basically zero even though it has added a little to my electricity bill. I looked at hybrids as well but then you still have gas costs and oil changes etc. I looked at another gas car as well but buying an Audi or another higher end car didn't make sense when I could buy an electric car with all the bells and whistles and have basically no residual costs. This thing is a whole lot of fun so far in the week that I have had it. Do I recommend it , that's for you guys to decide if it suits your lifestyle, it suited mine and I am pleased with the purchase. 

Back to CPG , we have some sort of town hall meeting on Wednesday ... I'm kind of curious to why they are doing it. Happy about it but why ? Reason is , if they talk about the direction of the company and all the positives they are doing , will that create demand and hopefully push the price of the stock up creating  demand but in the second breath cause the stock to be more expensive re the buy back program. I hope they continue to just pay down debt ! Glta. Lash

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