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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

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Post by soundandfuryon Mar 20, 2021 1:34pm
208 Views
Post# 32845205

Long term rates are riseing but short term are not

Long term rates are riseing but short term are notThis is caused by ironically a very low short term rates.......which is haveing effect on houseing market and a bit of inflation fears for future..........what the true reason for long term interest rates rise is either central bank cooling houseing market or general view that the economy is getting better and thus inflation ..........the yield curve is a prerty good indicator of where the economy is headed......it has predicted 10 of the last 8 recessions......lol......imo we are at the beginning of the greatest economic expansion the world has ever seen........oil will no doubt play a major role in this.......inverted yield curve is the nasty curve that predicts recession ( this is not current situation)
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