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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
Bullboard Posts
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Comment by CdnOilObserveron Mar 20, 2019 9:37am
63 Views
Post# 29510155

RE:oil down 1%. why?

RE:oil down 1%. why?Perceived future demand for crude is based on perceived future (global) economic growth.  So oil traders become bearish when bell-weather companies like Fedex report lower than expectect revenues and profits, or when Trump rattles his plastic sword at China - if China reports lower than expected economic numbers, etc...

API time will tell the story in real time - so it also important to see what the trend is on these reports...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities