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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 Feb 01, 2023 3:28pm
273 Views
Post# 35260421

Tomorrow

TomorrowNothing in the way of data hitting the market tomorrow but Friday US Unemployment Rate and Non-Farm Payrolls are at 8:30am be ready, Next week Oil will be able to figure out where it's heading because next week there's really nothing that could rattle the market after passing OPEC and the FED who both kept things the same avoiding shocking the Oil market until surplus came back with 6 weeks of surplus and this was with everything running right in the US as far as refineries so this surplus is a true measurement of US activity slowing. So far Oil has been able to push higher after every heavy sell-off so hopefully, it reverses before the week's end and we start to bounce higher from here. We still need to get through Friday so if Oil stays lower it could be temporary until Fri morning the last hurdle for this week. With next week having data freedom maybe the focus will return to China. Till tomorrow
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