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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.


TSX:VRN - Post by User

Veren Inc > Citizen
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Comment by packerdriveron Jun 08, 2024 6:51pm
93 Views
Post# 36079567

RE:RE:RE:RE:RE:RE:Citizen

RE:RE:RE:RE:RE:RE:Citizen
HA! 40 years ago is exactly 1984.....
In 1981 the RE market crashed, values were cut in HALF in the town were I lived. By 1984 mortgage interest rates were still double digits after peaking to 16% in 1982....my tenants quit paying the rent because unemployment reached 12%....eventually I lost the house and the rental property!
Hey, those were great times the 1980s !!! NOT

and just because this is an oil board....in 1980 the oil price peaked at 149 dollars a barrel....five years later it had crashed back down to the thirties......yeah great times the 1980s....just shock after shock after shock https://www.macrotrends.net/1369/crude-oil-price-history-chart

You're looking in the rear view mirror with your rose colored glasses on, man!
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