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 > Veren is the ugliest girl in the bar

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Comment by Ocalamanon Nov 01, 2024 12:26pm

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Post# 36292469

RE:RE:Veren is the ugliest girl in the bar

Hans, they did have a breaken price of about $10 decades ago but that oil is depleted and the breaken is much higher now due to cost of new development and the crown princes budget to expand the economy from oil to everything else. Heres a snapshot from Perplexity AI on Saudi breaken prices
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2024 Projections: As of April 2024, the IMF projected that Saudi Arabia would need an average oil price of $96.20 per barrel to balance its budget, reflecting ongoing fiscal pressures related to ambitious economic transformation projects and high public spending commitments
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