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.

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Veren Inc > What a power move to $92

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Post by smallcaptdron Nov 04, 2022 9:06am

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Post# 35072466

What a power move to $92

Brent is at $98, the move is because China could relax its COVID restrictions, now that Oil is at $92 heading higher I'm wondering if the argument will arise for OPEC to increase production to bring the price of Oil down. Oil finally hits $91 on Friday when it really should have hit this earlier in the week now the test will be to stay above $91+ . I`ll miss out on trading today. GLTA

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