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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 Canoftunaon Jan 16, 2025 7:42am
55 Views
Post# 36406593

RE:RE:RE:RE:RE:Question for those who have worked with pipelines...

RE:RE:RE:RE:RE:Question for those who have worked with pipelines...A pig does work with the fluids in the pipeline....thats how it moves...the bigger question is....do you have to empty it?... I say....shut the valves....turn off the pump...pipelines are buried below the frost line...so temp shouldn't be a problem....not sure if oil freezes and expands like water does...if it did we'd have a lot of cracked engines across the country....I'm sure if you empty it...and release the pressure...you'd have to pressure test it again before starting it up again....better to leak water or air than oil..
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