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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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.


TSX:VRN - Post by User

Bullboard Posts
Comment by saintpeeteron Apr 12, 2015 10:42pm
105 Views
Post# 23621931

RE:RE:Oil fallout: U.S. companies kill over 51,000 jobs

RE:RE:Oil fallout: U.S. companies kill over 51,000 jobs
A broadly based strong economy in the U.S. and worldwide can certainly translate to higher oil prices. While the US continue to report lower rig counts, and the decline rate of fracking and storage capacity ETC ETC. But I predict (and fear) that once the U.S. begins to show decreasing oil production - the Saudis will open up the taps even more.
Bullboard Posts