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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 SmokeyOBon Mar 24, 2024 12:14am
200 Views
Post# 35949250

RE:RE:RE:RE:RE:RE:RE:TD

RE:RE:RE:RE:RE:RE:RE:TDMoe, pretty much every report except from the IEA and the EIA say EV's are not picking up as fast as anticipated, therefore their predictions are flawed.  Most reports seem to think WTI may climb to 90 per barrel or higher.  All in all right now appears to be a long term average including inflation price for oil, so now oil hovering around 80 ish is a regular price.  Now if the SPR is refilled as per some reports say at prices of 79 per barrel or less the future prices in  basic reasoning should increase. August to the end of the year are currently under 79 per barrel. Best of luck, but the natural gas portion of production appears to be a challenge until production gets under control.  And I don't mean CPG's production. 
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