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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

Comment by DaveInvestor59on Feb 04, 2022 4:11pm
269 Views
Post# 34399418

RE:Why?

RE:Why?Practically all of the energy stocks made huge gains right out of the gate this morning and then fell back down for much of the day. Huge disappointment. All that money evaporated lol. This was definitely a day that didn't reflect the WTI price. Something else was going on to bring all the energy stocks down, but I'm not sure what. Manipulation of some sort? I doubt it was retail investors selling their shares.
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