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 > WOW

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Comment by Anschutzon Jun 24, 2022 11:54am

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Post# 34780507

RE:RE:RE:WOW

Looks like my stink bids won't be filled. Oh well probably for the best as I'm still significantly overweight in the sector. Let's see if today's uptick in WTI is a dead cat bounce or a runup to the July 4th weekend. I'm still calling $120+ by July 4th. I think we see start to see the narrative shift after July 4th with talking heads starting to raise alarm about the potential impact of hurricane season.

GLTA.

Moemoney42 wrote: I'm looking for a short term close above ~$9.65.. that would be a healthy reversal.. hopefully today.. but I'll take early next week.. ;-)

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