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.

TSX:VRN - Post by User

Veren Inc

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Post by smallcaptdron Jan 16, 2023 10:21am

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Post# 35225474

China's reopening could be tested

I don't think that its rocket science but the reopening of China's borders could have been premature because, over the last couple of months, China kept promising that the sky was blue for COVID only to have facts coming out contradicting their last statements and after a few failing forward guidance I feel that they opened the borders to show the world that China is great! just wait till COVID cases start crossing the borders what would that do? they could be forced into shutting them back down at the extreme but hearing that COVID is surging in cases and deaths could kibosh China completely and Oil prices will wait till there are actual facts of China's rebound taking months.

China braces for Covid surge as lunar new year travel rush begins | China | The Guardian

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Canadian government to fund Electric Royalties portfolio property