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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.


TSX:VRN - Post by User

Veren Inc
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Comment by ltrabson Jan 23, 2016 5:11pm
263 Views
Post# 24487497

RE: A Good Day

RE: A Good Day

If we broaden our focus there seems to be some interesting comparative 

developments when we  compare Canadian production with the rest 

of the world. 

While $28/bbl US$ is nothing to crow about, what’s happening around us is worth watching. 

 

It seems, Friday we were sitting at WTI @ $32, ...Brent @ 30 and ...the heavily 

discounted CDN Light sweet @ $28 ... in US$ ... + a bit, give or take. 

 

This has got to be the highest CDN LS has been for a very long time .. compared to Brent. 

And much higher than SA get for their crude .. ( Heavy and a little toxic ) 

 

And rigs ... 

 

U.S. 22 January 2016 637 -13

Canada 22 January 2016 250 +23

International December 2015 1095 -14

 

Other are being hurt by precent prices and least a badly as us, and some a lot worse ..... 

 

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