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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 Moemoney42on Jun 10, 2024 10:33pm
88 Views
Post# 36082052

RE:Oil to rise to $86 per barrel on solid summer demand:GS

RE:Oil to rise to $86 per barrel on solid summer demand:GSsounds realistic to me.. this sell off since the OPEC comments was way overdone IMO.. as I mentioned before the demand is still there, and economic slowdown isn't really in the cards to any large degree IMO.. so its steady as she goes.. WTI in the $80-$85 range is about right for the economies to flourish without an energy drag. 
Don't forget AI is getting rolled out in more and more services, month after month, by many tech companies.. the demand for energy is going to be relentless for the next 10+ years as AI integrates itself into our life styles.. ;-)
Now add in the EV integration we'll be scrambling to have enough energy to meet the needs regardless of what type gets introduced, and the most economical IMO is nat gas to date..!

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