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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

Comment by JohnSPon Jan 19, 2022 8:52pm
212 Views
Post# 34335656

RE:RE:RE:Snakes & Ladders

RE:RE:RE:Snakes & LaddersLast part of quote: "OPEC+ producers’ effective spare capacity by the second half of the year, excluding Iranian oil which is blocked by sanctions, could shrink to 2.6 million bpd"

IEA is dreaming, 3 months ago on Oct 13, 2021, ex Aramco EVP said OPEC only has 2.5-3 mln bopd spare capacity: https://www.youtube.com/watch?v=gywxD3-6Rek&t=16s

Basically IEA thinks OPEC has double teh spare capacity they actually have.
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