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

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Comment by yggdrasilllon Sep 02, 2020 1:04pm

107 Views

Post# 31494839

RE:RE:RE:RE:Summary of Weekly Petroleum Data for the week ending Aug 28

Covid is precisely the problem. The only way to bring down reserves right now is to cut production as demand is well below average. So oil prices should stagnate until demand picks up again.

LoneWolf3579 wrote: I meant "logically incorrect"....stupid keyboard! It should read as follows:
"Yes those years did not have a pandemic and so a straight comparision is logically incorrect"

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