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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 Mrlongpantson Mar 15, 2023 9:26am
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Post# 35339355

IEA: Global Oil Demand Will Outstrip Supply In Late 2023

IEA: Global Oil Demand Will Outstrip Supply In Late 2023

IEA: Global Oil Demand Will Outstrip Supply In Late 2023

By Tsvetana Paraskova - Mar 15, 2023, 7:51 AM CDT
  • The IEA expects oil markets to swing from a surplus in the first half of 2023 to a deficit in the latter part of 2023.
  • China’s recovery is expected to drive global oil demand to record highs, with oil demand hitting 102 million barrels per day.
  • The IEA says that building stocks today while there is still a significant supply overhang will ease tensions when demand surges.
 Buy on the dips with your dividend .GLTALongs.
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