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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

Over the last few years, we've transformed our organization through a revised strategy, a revamped portfolio of top-tier assets, and a renewed commitment to our purpose. Our name, brand, and how we do business speaks to who we are and how we emody 'Bringing Energy To Our World - The Right Way'.

Our Purpose

What does 'Bringing Energy To Our World - The Right Way' mean?

Bringing Energy

Holistic approach to the energy sector

Operational excellence through innovation and the energy of our people

Collaborative and entrepreneurial spirit to develop our assets

To Our World

Recognizing our stakeholders that help make our business successful

Commitment to investing in our local communities and forming long-term partnerships

Realizing the world needs energy - and more of it

The Right Way

Disciplined business strategy and capital allocation

Strong safety culture and environmental stewardship

Trustworthy, ethical and accountable organization

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.