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.

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Veren Inc > WHILE WE WAIT!!!

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Comment by rusty777on Jan 31, 2024 12:51pm

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Post# 35855193

RE:RE:RE:WHILE WE WAIT!!!

Yup - the recent pattern is that the price of oil claws its way back up overnight on world markets and then pretty much as soon as the North American Markets open - it gets knocked way down. My guess is that the shorts are, and will continue to make a killing,

Oil does not appear to be where anyone should be LONG these days.

GLTA

Rusty

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