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 > Spurwing

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Comment by Moemoney42on Jul 23, 2024 6:19pm

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Post# 36145227

RE:RE:RE:RE:RE:RE:Spurwing

Packer.. if you would have followed the thread, my comments were about who was better for the industry during their tenure Trump or Biden..
In case you didn't notice Trump was in power from 2016 to 2020
Biden has been in power from 2020 to now.. thus the chart proves my point..

Yes covid was instrumental as well.. but that was along with the price war OPEC had started and got out of control when covid hit.

By the way the "fracking" is what the shale plays used to increase production so rapidly.. so ya it was the shale producers that over produced in the end..

A perfect storm some would call it.. drill baby drill didn't help the matter, which is the crux of my point.. :-/

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Advancing flagship Ishkõday Gold Project in Ontario