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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 Domovykon Apr 10, 2018 4:03pm
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Post# 27861873

RE:Short selling

RE:Short selling
COMMODITY CLOSE: Brent Crude Logs Highest Settlement Since 2014
2018-04-10 03:25:26 PM ET (MT Newswires)
   
   

This article would say that they is limited logic as risk of shorting has increased.

03:25 PM EDT, 04/10/2018 (MT Newswires) -- Oil prices rallied Tuesday, with Brent crude, the global benchmark, logging its highest settlement in more than three years, MarketWatch reported. "The reducing risk of a trade war and the rising risk of a real war in Syria accounted for the large move up," said Phil Flynn, senior market analyst at Price Futures Group. "The odds of a coordinated response to the chemical-weapon attack in Syria is making short selling more dangerous," he said.

June Brent added $2.39, or 3.5%, to end at $71.04 a barrel on ICE Futures Europe. That was the highest settlement since Dec. 1, 2014, with the day's high of $71.24 the highest intraday level since January of this year, according to FactSet data. May WTI crude rose $2.09, or 3.3%, to settle at $65.51 a barrel on the New York Mercantile Exchange, the highest finish since March 26.

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