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

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Post by TheEgyptianon Apr 04, 2020 7:58pm

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Post# 30879785

Trump and Jason Kenney response

"I don't care about OPEC [the Organisation of the Petroleum Exporting Countries]", Trump told reporters at the White House press briefing. "If I have to level tariffs on all imported oil coming into this country, I will. I will do whatever it takes to protect US oil jobs."
"I've been against OPEC all my life, because what is it? It’s an illegal, you could call it a cartel, you could call it a monopoly, but it broke down very violently, so I don’t care about OPEC, I couldn’t care less about OPEC. They are destroying themselves", the president said.
"We are the number one producer in the world right now … I am a big believer in our great energy business, and we are going to take care of our energy business, and if I have to do tariffs on oil coming from the outside or if I have to do something to protect our thousands or tens of thousands of energy workers and our great companies that produce all these jobs I'll do whatever I have to do", Trump told reporters.
"Prospective import tariffs on oil coming into North America" were currently being discussed, Kenney said, as quoted by the Financial Times newspaper. "Opec+ started this fire and they have to put it out. We're not going to surrender our industry and we're prepared to go the distance here", the Alberta premier stated, as quoted by the newspaper.

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