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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

Post by Marty57on Jan 06, 2022 11:27am
281 Views
Post# 34289178

McGlone on BNN

McGlone on BNN
You have to admit, he is consistent.  Again making his usual bearish call with respect to oil price.  He will probably be right someday, but he has been wrong for as long as I can recall.  His analysis of supply appears shallow and superficial, and is almost the exact opposite of my view on supply/demand.  Listen to Eric Nuttall for a more well reasoned assessment of market dynamics (especially supply).
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