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

Comment by dalerules88on Dec 06, 2017 11:10pm

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Post# 27106303

RE:RE:WTI - Longs are timming positions, shorts taking control

Torotoro - could we get your technical on Brent?

I realize CPG trades off WTI, but I woudl think that Brent being a global benchmark, WTI would basically trade off Brent (ignoring any condition changes local to WTI).

Seems to me Brent is trying to bounce off Nov 16 low, so I'm thinking if that holds, then Brent goes from here in line with the trend and WTI would follow it up, rather than coming down to the 55 you called couple of days back.

This is my intuitive look at oil today, but I don't know anything about technicals.

Could you please run a Brent technical and let us know what you think, if it's not too much trouble?

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week