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 > No OPEC cuts in Dec according to OPEC

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Post by smallcaptdron Nov 29, 2022 3:04pm

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Post# 35137528

No OPEC cuts in Dec according to OPEC

OPEC will be leaving production alone and won't be making additional cuts in Dec and with China done till next year and G7 cap hasn't been decided on so there's no cap on Russian Oil yet so things keep flowing and we have the FED rate hike that will be happening, All 3 of these topics point to lower Oil now all we need is for US Oil Inventories to be closer towards surplus tonight and Oil could sell off tomorrow.

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