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 > BOC cuts rates 25 basis points

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Comment by Moemoney42on Jun 05, 2024 10:46pm

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Post# 36074426

RE:RE:BOC cuts rates 25 basis points

I agree, but I think the Fed wants to put the rate cuts on the table before the election as far ahead as possible so they don't get painted with an "affecting the election" brush as would happen.. July sounds about right for their move IMO

Anschutz wrote: I think Biden holds for at least another month maybe more. BoC devaluing the dollar works to US advantage. US gets more oil for less. Takes 5 to 6 months to see the effects. One of their tactics to help reduce the price of oil at the pumps heading into the November election. BoC, Trudeau & the global cabal want Biden in office for another term.

Moemoney42 wrote: As I thought we've crossed that pivot point.. will be interesting to see if the US does the same.. I'm thinking they might do a 25 basis points as well.. that's my call FWIW..