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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 baranjaon Nov 08, 2024 10:34am
60 Views
Post# 36303136

RE:RE:RE:RE:I wonder if AIMCO holds any VRN????

RE:RE:RE:RE:I wonder if AIMCO holds any VRN????There is a way around C-231. They don't needet, all Libros need to do is influence, one way or another, the whole board and executives into accepting their woke agendas and thats it, which is the case wih all major corporations nowadays.

I would assume that is the case with AIMco, and Alberta gov is cleaining it up now and fixing the problem

jleer42 wrote: CPP can invest in whatever they want, which is the way it should be. All pension plans should base their decisions only on hightest return at a specific and acceptabel risk level. C-231 was the Liberal attempt to change this and it didn't pass. One of the reasons QPP has higher contribution levels than the CPP is it is directed to invest in Quebec companies which hurt its returns.

I don't think Alberta should pull put of CPP, but if it does, it should be allowed to invest wherever it wants without government limitations. Costs will also go up for both the CPP and Alberta plan due to duplication and loss of economies of scale.



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