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 > Putin and MBS have an easy decision to make

<< Previous

Bullboard Posts

Next >>

Comment by Anschutzon Nov 26, 2021 1:12pm

254 Views

Post# 34169781

RE:RE:Putin and MBS have an easy decision to make

Agree. Market is sending a strong message to OPEC+ to suspend any production increases.

Personally if I was in their shoes I'd retaliate by announcing a cutback in production at the next meeting. I seem to recall the Saudi energy minister in the past saying something to the effect that manipulators would get burned.

Biden and the covid cabal need to be taught a lesson. OPEC+ should take them to the woodshed.

Moemoney42 wrote: Yup being a betting man, I'd put money on OPEC+ not increasing at next weeks meeting.. ;-)
Holy over reaction batman.. WTI below $68 bucks..!