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 > What if oil falls to $60?

<< Previous

Bullboard Posts

Next >>

Comment by Anschutzon Nov 15, 2023 3:59pm

198 Views

Post# 35737754

RE:What if oil falls to $60?

Agreed. Lots of risk here and counfounding variables. Seasonality, election year, impending tax loss selling, prediction of warmer winter, etc, etc, not to mention the market still trying to figure out what the street values CPG shares at.

There really is no rush to buy as there's no catalyst on the short to mid term horizon.