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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 smallcaptdron Dec 05, 2022 8:45pm
183 Views
Post# 35152353

Lower Oil Prices On The Horizon As China Enters Next Phase

Lower Oil Prices On The Horizon As China Enters Next Phase There's not a lot to be bullish about when buying Oil stocks as Oil is having a hard time staying in the lower $80- as a high so if you're buying shares when Oil is at $77 there might not be an upside to making money if Oil stays in the $70+ but Oil is too volatile to be sure about day to day trading. Dec could be an all $70+ month and with Nov no better plus revenues are going to be down large for the Q4 so SP is torn between being overinflated on hopes of Oil rallying or having SP reflecting lower revenues.


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