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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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

Comment by packerdriveron Oct 09, 2024 11:15pm
68 Views
Post# 36260335

RE:RE:RE:RE:RE:RE:Logger

RE:RE:RE:RE:RE:RE:Logger
westcoastlogger wrote: Packer wake up and smell the bacon man!! Just think of what our resource industries could be pumping out if we didn't have such imbeciles in governments. There's around 17 pending mining developments on hold in BC due to government dithering and red tape for instance, and how many more pipelines could we have if Castrau hadn't cancelled them and tankers on the west coast?? He got roped into Trans Mountain and hated it so bad he never even stuck his big Castro nose into the ribbon cutting ceremony when it was open. Gee, a 45B project and that narcissist was nowhere to be seen?? He was ashamed of it and knows he wasted another 40 billion of our money when we shouldn't have had to spend a cent. We have anti resource development governments in our country and they have to go!!  


Sure, Logger...anything you say...except TMX did not cost 45 or 40B....it cost 35B in the end and as a Canadian I believe it was money well spent if only to support our "hard working Albertans", get them more money for their oil and allow them to increase production in the oil sands by another 20% in the very near future. 35B bringing in 1B a year in revenue for the next 60 years sounds like a good investment on it's own... let alone all the other positive economic spin-offs that kind of investment generates.


There's 17 pending mining developments??? Is that all? There is never a shortage of mining promoters looking to raise money for lots of projects. Some of them actually make sense....lots of thegm are just promoters looking to seperate investors from their money. It takes a while to get mining projects approved....as it should be. The recent Victoria Gold disaster and the Mount Polley mine mess that taxpayers will be on the hook for....for YEARS to come....not to mention the destroyed environment in both places are all proof that whatever we currently do regarding mining review/regulation still needs a little more work.
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