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Veren Inc T.CPG


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

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.


TSX:VRN - Post by User

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Post by Dixiedeeon Jun 09, 2022 7:43am
142 Views
Post# 34742799

No destruction of oil price yet

No destruction of oil price yetDemand is to great right now and supply I cannot see is to limited 
to be clear I cannot see any destruction coming this year 
Europe and the west Cut off Russian supply to themselves pushing up to prices but Russia is selling oil now to India and China at a discount to world price but still at higher prices than prepandemic Russia has brought in record oil revenues despite the sanctions 
all this has done is hurt the free world 
leftist knee jerk reactions never work its like the kid who's losing the baseball game he takes his bat and ball home 
the other kids just find another bat and ball or new game without him
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