Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.

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Veren Inc

Bullboard Posts

Post by Box927on Feb 07, 2015 11:27am

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Post# 23406931

US crude production and imports still going up.

EIA website. US production is still on the way up.

https://www.eia.gov/petroleum/weekly/crude.cfm#tabs-contract1

Plus tankers are bringing crude to North America for storage.

https://www.reuters.com/article/2015/01/15/oil-arbitrage-waf-idUSL1N0UU1E020150115

I am guessing the storage, production and import numbers next week will still be on the way up.
EIA reports on Wednesday.

Regards

Bullboard Posts

First Nations contributions attract investor interest