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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

Comment by juvefooballclubon Jan 07, 2021 6:41pm
113 Views
Post# 32250501

RE: Tsvetana Paraskova - Jan 06

RE: Tsvetana Paraskova - Jan 06The bullish positioning of the hedge funds at the start of 2021 was not without reason. The market overall, as well as many analysts, believe that oil will rise this year as global oil demand recoups most (but not all) losses from 2020. Vaccine rollouts are expected to support economic activity and travel later this year, while stimulus packages are set to boost major economies to rebound from last year’s recessions. 
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