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

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Post by smallcaptdron Nov 29, 2022 6:11pm

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Post# 35138076

US API Crude Oil Stock large draw.

We'll know tomorrow how this affects the price of Oil. It should be bullish because the consensus was for -2.48Mil and it was -7.85Mil so the question is just how bullish will this number be against everything else. It's been 1 1/2 hours after the number was released and so far Oil rallied to $79 and has pulled back to $78 but it's a long night.

United States API Crude Oil Stock Change