Veren Inc T.CPG

Primary Symbol: T.VRN Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.

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Veren Inc

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Comment by jwallingfon Apr 16, 2019 1:36pm

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Post# 29634249

RE:RE:NDP

$80-$85 is the estimate for a balanced budget for SA according to this article: https://oilprice.com/Energy/Oil-Prices/Sources-Saudis-Admit-They-Want-70-Oil.html
It's a delicate balancing act, however, as Trump prefers $60-$65. So $70 seems like a friendly compromise.
$100 oil wouldn' be good for anyone except short-term stock and futures traders.
If the seasonal pattern holds, we should see higher prices through September.

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