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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

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Post by soundandfuryon Oct 12, 2022 11:05am
300 Views
Post# 35019564

WTI differential

WTI differentialWell of course i do not know but if i was to speculate on a possible reason it would be............we are probably in the middle of refinery fall shut downs ..........this may be causing a bunch of oil to be put into storage tanks at cushing ot where ever else they store it until such time as refineries are back at it..........refineries have been running hot all summer so they might need more work than usual........no new refineries built in usa in quite sometime as you are probably aware.........makes for a real bottleneck when demand is strong
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