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Who We Are

Veren is a leading North American oil producer with assets in central Alberta and southeast and southwest Saskatchewan

We Are Veren

Energy. It's essential to our modern life. We are proud to be a producer of this invaluable resource. Over the last several years, we have repositioned our business while remaining committed to our purpose of Bringing Energy To Our World - The Right Way.

Bringing Energy To Our World - The Right Way explains how we do business. We're proud of our role in developing the responsible energy the world needs by upholding our values of environmental stewardship and responsible development to create a compelling long-term investment opportunity for shareholders

Who We Are

Veren is a leading North American oil producer focused on the sustainable development of high-quality assets, delivering strong returns and maintaining and improving our balance sheet strength.

Our Strategy

Our guiding principles define who we are and outline our purpose, our culture and our strategy

Purpose

We believe passionately in the power of our purpose statement, “Bringing Energy To Our World – The Right Way”. It is our role to satisfy global demand for responsibly developed energy with environmental, social and governance standards being top of mind. We execute this by delivering consistent operational excellence and through active stakeholder engagement. Our energy is also represented by our people, what we bring to the communities we operate in and each of our relationships.

Culture

The culture of Veren is defined by our people and how we work together. We develop and maintain a culture of high performance that challenges the status quo and rewards collaboration, agility, results and ethics. Safety is paramount. All of this creates a results-focused, solutions-oriented organization driven by a standard to always do the right thing, the right way.

Strategy

Our strategy is to deliver lasting market-leading value to our stakeholders as a trusted, ethical, and environmentally responsible source for energy. We will maintain a resilient, balanced and sustainable portfolio, and apply our agile, diverse, learning mindset to optimize all aspects of our business.

Executive Team

Our executive team carry out the day-to-day strategic direction of the company

Our Brand

Learn more about our brand and what we stand for

Board of Directors

Our governance model sets out clear accountabilities for the board and each of its committees. We routinely assess the oversight of key issues to ensure we mitigate risk and capitalize on opportunities

Our Stories

Our purpose statement, Bringing Energy To Our World - The Right Way, is embedded in how we operate. Our stories demonstrate our commitment to our purpose and how it governs our people to bring alignment across our business operations to drive our overall performance