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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

Post by Moemoney42on May 15, 2024 9:22am
326 Views
Post# 36040792

It appears

It appearsthe IEA is back to fear mongering.. so the growth has slowed only.. but its still growth.. they can't even get the weekly figures right.. what makes them think they can forcast growth with any accuracy.. what a joke..!! 

"Crude oil futures edged lower Wednesday as the International Energy sees global demand growing less than originally forecast this year.

World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month’s projection as demand in developed economies softened in the first quarter, according to an IEA report.

U.S. oil and Brent are down 5.4% and 6.86%, respectively, for the month."

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