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 > POS

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Comment by Anschutzon Jun 14, 2024 11:18am

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Post# 36089202

RE:RE:RE:RE:RE:RE:RE:POS

Have to agree with you Moe. I'm out of the market except for a core holding of WCP. I'm watching and waiting to see what fall brings.

I'm looking forward to vacation very soon with many hot days on the lake and long warm evenings on the deck.

Moemoney42 wrote: The silver lining I suppose is crude is hovering around $79.. the CAD is lower so margins are even better at the end of the week.. winter drilling will be brought online more and more each week.. the potential for a facilities spinoff could bring big bucks to the balance sheet..?
I think I'll just enjoy golf for the rest of the month and see what July brings.. I'm guessing we'll be much higher in a months time than we are now..? IMO

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