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Veren Inc T.CPG


Primary Symbol: 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

Post by soundandfuryon Nov 27, 2022 12:40pm
327 Views
Post# 35132010

Fed Funds Rate determines price of oil

Fed Funds Rate determines price of oilThe fed will raise rates to 5% and that will be where they stop.............this 5% rate will cause a minor recession in usa and put marginal variable rate mortgage holders at risk of losing their homes..........once the recession is confirmed these interest rates may even be reduced depending on the severity of the recession.......the price of oil or any commodity will find it near impossible to gain traction until such time as the fed once again starts to ease.....probably later part of 2023
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