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 > Get ready for a breakout....BofA:

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Comment by baranjaon Jul 30, 2024 9:10am

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Post# 36154071

RE:RE:RE:RE:Get ready for a breakout....BofA:

For sure, this synchronized attack on oil price is brutal.

baranja wrote: Unfotunately, oil price setting is in hands of US bankers and politicians and they can set any price they want if that serve thier interests. They question is, how long will global oil producers tolerate this and how are hey defend their natural resources from this insane attacks.
There is no free market any more.

dandu1924 wrote: Good times are coming, I hope so because just right now the WTI is at $75.58 and last fews 10 days over $83., So get ready to cry, because some said WTI is going to $60 soon. I can not see who is right ????