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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 patenright1on Aug 15, 2015 8:54pm
163 Views
Post# 24022063

RE:U.S. Loosens Longtime Ban on Oil Exports WSJ

RE:U.S. Loosens Longtime Ban on Oil Exports WSJnice, a good start, and when congress later this year lifts ban on oil exports, you watch Brent- WTI spread is going to squeeze fast, actually it will likely start narrowing some up until the announcement as it will discount the ban lift so WTI will finally get at least $10 rise just on this, add in a rise to 50-60 based on reduced usa production later in year plus the $10 due to ban lift, and WTI oil will be 60-70 range in 2016, in which case CPG will be $25-30
Bullboard Posts