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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

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Post by sebastian2on Jul 23, 2024 11:38pm
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Post# 36145569

API reporting delines in inventories

API reporting delines in inventoriescrude down 3.9 Mb
gasoline down 2.8 Mb
distilates down 1.5 MB 
combined down 8.2 Mb

Now I am sure EIA will contradict all that on Wednesday LOL.   And all those fears of slowing demand in China and ndia need to be amplified to keep a lid on things :).  I hope that Q2 will include some results showing better pricing via TMPL but given the timing this may not be fully reflected till Q3....
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