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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 > Oil rotation
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Comment by NonCredibleSrcon Jan 18, 2022 11:16am
183 Views
Post# 34328595

RE:RE:RE:RE:RE:RE:Oil rotation

RE:RE:RE:RE:RE:RE:Oil rotation
Moemoney42 wrote:
Moemoney42 wrote:
Re1ndeer2 wrote: This appears to be a Shake before a purchase......all the Canadian Oil stocks...

Yup a good ol fashioned stop loss raid before the run up.. seeing as how so much dough is coming out of the tech sector it wouldn't surprise me to see a snap back by days end.. ;-)

I'm sure a few new shorts piled on this AM as well.. helps the stop loss raiders.. ;-)


Oil hasn't been this high since July 2014 - at which time CPG SP was >$40.  Yes - I do also expect to be well in the green by end of day.

WCP is in the same boat right now.

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