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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Comment by PetroLoonie1on Jun 07, 2020 4:20pm

215 Views

Post# 31122099

RE:Bnn

here is the link.......

Saudi Aramco Boosts Oil Export Prices Most On Record

https://www.zerohedge.com/markets/saudi-aramco-boosts-oil-export-prices-most-record

As Bloomberg reported with China’s demand for crude once again rising, the Saudis are furiously raising prices in a world where supply has suddenly emerged as the price bottleneck.

As a result, Aramco raised the price of Arab Light to Asia by $6.10 a barrel to a premium of 20 cents over the benchmark.

This monthly increase in the official selling price (OSP) for flagship Arab Light crude to Asia, which accounts for more than half of Saudi oil sales, was the largest since records began in 2000.