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 > Interesting Set-up

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Comment by Joe455on Aug 04, 2021 11:59am

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Post# 33648442

RE:Interesting Set-up

UnderTheRadar wrote: Watching crude today and $68.53 support was taken out quite swiftly.....selling looks weaker at
the $68 level but next technical support is $66.35 which doesn't look likely for today.

I'm watching the trade pattern on CPG to see if it holds the higher-low, higher-high trend....yesterday's low was $4.43.....WCP's low has been breached today so now it's a question
of whether the oil market's supply/demand narrative turns bearish b/c of all the latest news.

I've got my bids in place but it's another tricky call.

Covid hysteria is a long way from being over.

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