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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.


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Post by soundandfuryon Jun 07, 2022 12:26pm
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Post# 34737315

Its a no win situation for the federal reserve

Its a no win situation for the federal reserveIf they raise interest rates high enough to stop inflation ( the economy goes into recession) ...........if they let inflation run rampant ( the economy goes into recession) ...........looks like their preferred course of action is to raise rates a bit.......wait a bit.......raise a bit more.......wait a bit more..............anyones guess on how high interest rates will need to get to to stop inflation? Its scary to think that interest rates may need to rise back over 10% or maybe even higher to tame runaway inflation
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