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 > Goldman Sachs still calling...

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Post by JTDOUBLEon Feb 03, 2022 12:21pm

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Post# 34393562

Goldman Sachs still calling...

as higher oil price in spite OPEC 400k barrels of additionals supply ..

11:22 AM EST, 02/03/2022 (MT Newswires) -- Goldman Sachs on Thursday said the decision by OPEC+ to maintain its schedule of raising quotas monthly by 0.4-million barrels per day, even as most of its members are unable to raise output, supports higher prices as spare production capacity falls while inventories remain low.

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