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.

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Veren Inc > Kaybob Duvernay

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Comment by TheBridgeon Jun 28, 2024 10:09am

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Post# 36110593

RE:Kaybob Duvernay

bigwhite wrote: More positive news this week from Duvernay as BOE INTEL reflected on a June/24 coroorate presentation that points to a 2024 average production of 50K BOE/d and is in the process of overtaking Chevron as the Number 1 producer in the area. Coupled with improved production in the Montney area and the sale of non core assets casts a very positive lighjt for the future of the company.

bigwhite, thank you for bringing back energy related discussion to this board and providing the update on current production changes.

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