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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 Marty57on Nov 05, 2024 12:22pm
80 Views
Post# 36297214

RE:RE:RE:Desjardins - Back on Point

RE:RE:RE:Desjardins - Back on PointNot very good at drilling for oil and gas wells?  According to their October presentation on the VRN website, ALL of the top 5 Oil and Liquids producing wells rig released in the WCSB over the past 12 months are VRN wells.

Maybe part of the reason for these top performing wells is the willingness of VRN to try new techniques to improve efficiency, cost savings and productivity.  New methods are not always going to work out as planned.  Big deal.  They keep pushing things in the right direction.
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