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Veren Inc 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.


TSX:VRN - Post by User

Veren Inc
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Comment by koraion Aug 21, 2015 1:13pm
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Post# 24040505

RE:any news on rig count

RE:any news on rig count

The oil rig count climbed again last week, according to driller Baker Hughes.

Producers brought 2 oil rigs online, bringing the count to 674.  

Last week, oil rigs climbed for a fourth straight week, by 2 to 672. The gas rig count dropped 2 to 211, and the overall tally was unchanged at 884.

Crude oil is at a fresh six-year low. On Friday, West Texas Intermediate crude oil futures in New York fell 3% to as low as $40.03 per barrel.

As oil hovers over $40 per barrel, markets remain sensitive to any signals that the supply glut is worsening.


Read more at https://www.stockhouse.com/companies/bullboard/t.bte/baytex-energy-corp#DZQCu1QLJKhPcSuM.99
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