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 Feb 06, 2023 2:17pm

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Post# 35269819

There Are Signs of Stronger China Rebound to Boost Oil, IEA

Oil demand will pick up regardless of Russia or Iran pushing oil into the market and right now any disturbance in Oil production because of an accident or weather is always a possibility but if you're not in the market you'll miss it, Oil is trading up and 50 cents here a dollar there adds up and if you look at the Oil chart you can just barely see the uptick bouncing off support at $73 and if it stays could be the start of the chart heading higher. We came off a krappy week in the red and Monday is green so its a better day!

There Are Signs of Stronger China Rebound to Boost Oil, IEA Says - BNN Bloomberg

Crude oil - 2023 Data - 1983-2022 Historical - 2024 Forecast - Price - Quote - Chart (tradingeconomics.com)

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