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 tvstockon Jul 31, 2015 4:32pm

147 Views

Post# 23981472

Media manipulation again

https://www.presstv.ir/Detail/2015/07/31/422631/iran-opec-oil-output-albadri-novak-russia

“We met in December last year and we met in June this year. We decided to keep our production at 30 million barrels a day, the same as before. We are not ready to reduce our production,” al-Badri said on Thursday.

The OPEC chief said he didn’t expect prices to fall further because demand was growing. Novak also estimated that global oil demand would grow by 1.2-1.3 million bpd this year.

Yet market is just stressing on no produciton cut. !?

*******

Another viewpoint :

https://oilprice.com/Energy/Oil-Prices/Top-6-Myths-Driving-Oil-Prices-Down.html