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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 EquityInveston Jun 03, 2018 6:59pm
127 Views
Post# 28117935

RE:Trump tariff and trade wars!

RE:Trump tariff and trade wars!The following quote pretty much sums up the negative implication of Trump's trade wars on the energy sector:

“The implementation of new tariffs will disrupt the U.S. oil and natural gas industry’s complex supply chain, compromising ongoing and future U.S. energy projects, which could weaken our national security," said API President and CEO Jack Gerard in a statement. Oil and gas pipelines use a special type of steel, much of which is not made in the United States.

https://oilprice.com/Geopolitics/International/Why-Oil-Markets-Should-Fear-Trumps-Trade-War.html

Squash11 wrote: We need a discussion on the likely implications of Trumps escalating tariff wars on the price of oil and on the stock price. So far, the stock market has not over reacted, surprisingly I think. I did hear the BNN guys say that corporate Canada was taking it more seriously. They do not believe that it will be resolved in the short term. I fear major disruption to the world markets. Thoughts?


Bullboard Posts