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 > India Goes for Canadian Crude

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Post by Zipolitemexicoon May 01, 2024 8:09am

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Post# 36016776

India Goes for Canadian Crude

Reliance Industries, India’s largest refiner, bought a VLCC cargo of Canadian crude from Shell (LON:SHEL) for July delivery, marking the first ever purchase of TMX volumes by an Indian buyer, with reports suggesting the price was set at a $6 per barrel discount to ICE Brent.

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