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

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Post by fishcarrieron Aug 03, 2024 9:18am

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Post# 36162854

Adding

Well, I took the opportunity yesterday also to add to my VRN holding. I'm not greatly worried that this stock will go much lower, but at just under $9.57, this one was irresistible. Not a week ago VRN was at 10.70+. I will gladly take the dollar per share. With the threats in the Middle East, some fireworks could just drive this oil price a wee bit higher. GLTA and a happy weekend off.

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