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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 soundandfuryon Aug 23, 2023 5:40pm
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Post# 35602754

Oil is trending lower

Oil is trending lower Oil new range has been determined $68.00 to $84.00..............the top at $84.00 was rejected and we will look for new support maybe at $70.00............economic contraction in europe and slow down in china will crush oil demand in near to medium term around the globe..........cpg might still rise however due to its low price to book ratio..........i would definately sell all my energy stocks and look for a new entry point 20% lower from current levels however
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