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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 Moemoney42on Feb 12, 2022 2:18pm
286 Views
Post# 34423445

RE:RE:RE:RE:PUTIN INVADING

RE:RE:RE:RE:PUTIN INVADINGThe way I see it is when OPEC+ can't meet their own quotas, what a better way to get more for your crude than to artificially infate the price.. the war premium of $5,6,7,8 dollars allows Russia to bring in more $ for the 11 million barrels they produce without having to produce an extra 1/2 million barrels which they can't anyway at this point.. I say its all just a political/oil price manipulation game thats going on.. Russia can't afford the have the sanctions that will be imposed on their country started.. it would bankrupt them.. and Putin knows that.. so lets just play the threat card and cash in on higher oil prices.. JMHO
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