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Veren Inc 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

Bullboard Posts
Post by jamesbayon May 14, 2016 9:10am
287 Views
Post# 24873198

Venezuela crashing

Venezuela crashing

With dire shortages of basic goods, a looming foreign debt payment, horrific street crime and intransigent political divisions, Venezuela is in danger of collapsing into waves of deadly violence, U.S. intelligence officials warned Friday.

Venezuela, which controls the world's largest reserves of crude oil, is in the throes of a potentially explosive political stalemate after opposition parties gained a majority in the national congress in elections late last year. 

President Nicolas Maduro, a leftist, faces a possible recall vote sponsored by the opposition that he is maneuvering to block.

All portends a dilemma for U.S. policy makers concerned about the ripples of more violence, but with few options to change the course of events.

See more of our top stories on Facebook >>

"The goal now is to mitigate the crisis that is unfolding," a senior U.S. intelligence official said Friday, briefing a small group of reporters on condition of anonymity to discuss internal assessments. "You can hear the ice cracking.


https://www.latimes.com/world/mexico-americas/la-fg-u.s.-venezuela-20160513-snap-story.html
Bullboard Posts