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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 ltrabson Jan 23, 2016 5:11pm
261 Views
Post# 24487497

RE: A Good Day

RE: A Good Day

If we broaden our focus there seems to be some interesting comparative 

developments when we  compare Canadian production with the rest 

of the world. 

While $28/bbl US$ is nothing to crow about, what’s happening around us is worth watching. 

 

It seems, Friday we were sitting at WTI @ $32, ...Brent @ 30 and ...the heavily 

discounted CDN Light sweet @ $28 ... in US$ ... + a bit, give or take. 

 

This has got to be the highest CDN LS has been for a very long time .. compared to Brent. 

And much higher than SA get for their crude .. ( Heavy and a little toxic ) 

 

And rigs ... 

 

U.S. 22 January 2016 637 -13

Canada 22 January 2016 250 +23

International December 2015 1095 -14

 

Other are being hurt by precent prices and least a badly as us, and some a lot worse ..... 

 

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