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

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Comment by BlueCollar51on Aug 19, 2015 12:44pm

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Post# 24031931

RE:Refinery Closure

Sukhi19 wrote: Could this inventory build up could be due to refinery closure?
Does somebody has any details about oil production nombers for last week?

That would be part of it. It’s Imports that affect the weekly reserve numbers. The timing of tanker offloads can have a significant impact on the weekly variations.

The EIA production ESTIMATES that are notoriously unreliable will be released shortly.

As Always; Do Your Own Due Diligence; It’s Your Money !!

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