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 > Top June Oil/Condensate Wells

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Comment by baranjaon Jul 26, 2024 12:24pm

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Post# 36150041

RE:RE:Top June Oil/Condensate Wells

I realy hope so,. and if Canada gets resource friendly government in Ottawa, things can change dramatically.

Moemoney42 wrote: The momentum is starting to build in their newly acquired Alberta holdings.. now that the land base is in place, the facilities are in place, and next year once Coastal Gas Link in pulling product from Canada the metrics will only improve going forward..
Now if they sell a 50% interest in their gas handling facilities like Whitecap did, apply that to the debt, they could get to 2.5 B by the end of the year.
That would certainly light a flame under the stock IMO..