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 Dec 06, 2022 11:28am

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Post# 35153442

Crude oil slips; Russian oil price cap enforced

Going by this news article Russia is OK with the cap and will continue to let Oil flow remember that Russia has increased its production flooding the market with cheaper Oil at $53. Now that every wildcard situation has passed without Oil rallying leaving Oil to trade freely now at the $ '70s and selling Oil for $75 is still $20 higher than Russia's price so there's room for Oil to trade lower towards $72 so Biden can fill SPR and all this was predicted month ago of Oil trading in the $ '70s and the US traders are on a mission to keep Oil lower.

Crude oil slips; Russian oil price cap in force By Investing.com

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Advancing flagship Ishkõday Gold Project in Ontario