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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 Moemoney42on Dec 17, 2024 9:57am
94 Views
Post# 36366034

RE:RE:RE:RE:Packer

RE:RE:RE:RE:PackerThe thing is packer.. all the things you mention comes from "taxpayers dollars" so there's no such thing as "FREE" money from the gov't.. as far as the economy.. its done well on its own.. despite the road blocks the gov't has thrown in its way.. and you might say well Trudope got a P/L done.. well, at 7X the original price I wouldn't wave that acheivment flag to high.. :-/
A doubling of the price I can understand.. even 3X but 7 times.. wages of workers didn't 7X, the pipe cost didn't 7X, the machinery cost didn't 7X, it was all the delays by environmentalists that caused the issue..  you can't tell me that once it became a gov't project, every cautionary claim and personel involved didn't bloat the price.. halting construction for a week because of a frog ended up costing something like $15 million.. I''m sure the frog would have met his fate at the next snake encounter by the time the next week passed.. LMAO.. 
Just like the delay with the boring tool that they needed to downsize to.. after weeks of delay the gov't finally said go ahead with the smaller size.. what did that cost for no reason..??

"You are aware that starting in 2016 the CCB started up and began sending families cheques every month, TAX FREE, equal to 6000 bucks per child under 18 per year....TAX FREE!

THAT is something the federal government did....along with several other family targeted policies over time... day care, dental care....I'm not even going to get into how our government took care of people during the pandemic WAY better here than in the US....that's all very well documented."
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