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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

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Post by dart321on Jan 03, 2025 12:57pm
151 Views
Post# 36386391

Positives for this stock

Positives for this stockThe canadian oil production is growing year after year as long as it has a way to get that increased production to market. The world will buy Canadian oil before it buys from the countries with dictators. Oil production increase aprox 7% this year and is expected to increas by the same amount over the next two years as the pilelines now in service are filled to the max. There is one stumbling block still and that is frog land will not allow a pipeline built to ship canadian oil to the east coast frfineries so the buy their oil from dictators. Ya see frog land loves dictators. It's funny the worlds fourth largest oil producer and the easter provinces have to buy their oli from off shore. Dumb frogs or what !!!!!!!!!!!!!!!!!!
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