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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

Comment by Marty57on Jun 22, 2023 11:30am
263 Views
Post# 35509240

RE:Impresive manipulation…

RE:Impresive manipulation…the EIA equation for oil supply SHOULD work, but of course with these huge adjustment numbers they have to use, there must be something out to lunch with the some factor in the equation. Frank, what do you think that is?  Oil going into US refineries is coming from somewhere... production underestimated? imports higher than they report? exports lower?  storage being drawn down and not reported?  I don't know, but something is out of whack.
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