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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 fishcarrieron Jun 19, 2024 6:34pm
101 Views
Post# 36096899

RE:RE:Newbie

RE:RE:NewbieBanshee, I'm sorry to hear that. Company never tells how much oil/ngl/ng it sells, except that it adds up to 198500 bbls. I see that the netback (last q) was 36.60 compared to 31.21 for WCP. And VRN had a loss due to selling a block. On the other hand, I like WCP's monthly divvy. I intend to hang on to the stock and see what this coming quarter will produce. Should know in a couple of weeks. But thanks for your view. If worst comes to worst, I'll flush it...lol. 
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