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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 > Biden Plans To Refill The SPR When Oil Prices Fall Below $72
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Post by smallcaptdron Oct 20, 2022 1:13pm
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Post# 35036783

Biden Plans To Refill The SPR When Oil Prices Fall Below $72

Biden Plans To Refill The SPR When Oil Prices Fall Below $72Biden believes that Oil will head lower between $65 - $75 and $75 is where I put Oil by years end and we came close hitting $76,  here is the game, some are calling for $100 Oil, and myself $95 when bullish due strictly to cutting production and then on the low end $65 is based on the economy collapsing to recessionary levels but the rise on Oil is left to the traders to decide where Oil will head choosing between Recession vs Production Cuts but before we get there I'm on the lower end for Oil heading back into $75 by years end. We could be stuck in the $80+ but next week there is basically no US market-sensitive data being released till Thursday when we get GDP and Durable Goods so this lack of economic negative data could give rise to Oil as we get closer to Nov 


Biden Plans To Refill The SPR When Oil Prices Fall Below $72 | OilPrice.com
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