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

Bullboard Posts

Comment by AnMaron Jun 25, 2020 8:04pm

113 Views

Post# 31193006

RE:RE:RE:More on Shale Oil

This is exactly what I was saying yesterday with my comment regarding the oil markets being manipulated. I completely agree with you. Well said!

Moemoney42 wrote: Well there you go.. the markets close and all the sudden a report from Texas saying they have lots of hospital space and the recent worries about covid are unfounded..!! Fvken media... half baked reporting to create fear in the markets, as the professional traders rake in the cheap shares caused by retail panic.. its a dirty world out there boys and girls..! Who knows some of those fake news reports could be coming from trading desks themselves...??? JMHO
Moe $$

Moemoney42 wrote: Yes Marty that article spells it out clearly... they all hope for better than $40/brl and are playing their cards accordingly.. the elephant in the room is if one or more of these biotech companies can get a vaccine that works, or even a treatment to minimize the mortality rates, we would see a huge game changer, and countries could feel confident about opening up completely. Now its being reported that with the increased testing the actual mortality rate is going down, as many infected are asymptomatic, and others have little to no symptoms.. so if the media would start reporting these facts instead of only "the numbers of infected is rising" I think you would see a different attitude to energy sector investments.. too much trading now a days is based on key words in a headline.. thus prone to manipulation of the facts surrounding covid.. JMHO

Moe $$