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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 > Confirmation
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•••
Comment by Moemoney42on Jun 25, 2024 2:01pm
84 Views
Post# 36105433

RE:RE:RE:Confirmation

RE:RE:RE:Confirmation
packerdriver wrote:
"pushback from small businesses, farmers and medical professionals."???? Those three categories of enterprises have just seen their one time shelter from ANY and ALL capital gains taxes rise from one million to 1.25 million as part of today's changes to capital gains taxes. Cry me a river!

Obviously you've never started a business, farmed or are a medical professional.. $1 million will buy you one combine that might be worth 200G in 5 years if you're lucky..! That doesn't even take into consideration the numerous other pieces of equipment needed. Another $800G for a tractor.. another 350G for an air seeder.. another 250G for a sprayer... get the point.. that doesn't even account for the fertilizer and spray to the tune of 10's to 100's of thousands of dollars each year..!!!
Was just at the dentists office and the amount of high priced equipment in each room burns a hole through a half million in a hurry.. get real.. an added $250G cap gains is peanuts for the amount of investment in those 3 sectors.. 

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