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

Post by onward1on Feb 06, 2020 3:18pm

137 Views

Post# 30653739

Why can't OPEC+ see the obvious?

Chinese demand is down as much as 3 million bpd. If the market thinks OPEC+ doesn't fully appreciate the severity of the over-supply and only tinkering, the market will take oil down another $5-$10. The market has habit of hammering things down and overreacting but that is the reality OPEC and others have to deal with.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages