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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
Post by TheEgyptianon Apr 05, 2020 12:17pm
305 Views
Post# 30880658

Oil Market will adjust

Oil Market will adjustWhen the world face problems, politicians with the help of their advisors rush to solve the problem AT ANY PRICE so they can keep the business floating and running.
For the young people just go back to any particular problem, start from 1973 middle east war then 1987 crash then 2001, 2007-2008 etc... and you will find out that global problems are solved at any price.
For those who believe oil will stay at $30 a barrel must be hallucinating, it can't happen, it will create a world global collapse. This week the major producers will meet and they don't have any choice except to cut production drastically until the demand is restored.
Comapny like Crescent Point Energy is selling at a panic price, the smart investor buy the one dollar share and wait until it goes five or ten folds.
Bullboard Posts