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.

TSX:VRN - Post by User

Veren Inc

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Post by BigJakeon Jun 12, 2024 11:27am

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Post# 36084869

Inventories

API - 2.428 mbrl draw YTD - 7.719 mbrl build
EIA - 3.73 mbrl build YTD - 23.084 mbrl build
WCS - 62.60 WTI DIFF - 12.77

Prices have given up this mornings gains since the EIA numbers came out this week. WTI difference is wider this week as well. Hopefully EIA numbers will start following API numbers closer in the coming weeks. The difference between the two is definitely getting wider than normal. GLTA Longs

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