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 Aug 28, 2024 11:22am

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Post# 36199441

Inventories

API - 3.4 mbrl draw YTD - 21.102 mbrl draw

EIA - 0.846 mbrl draw YTD - 11.385 mbrl draw

WCS - 61.33 WTI DIFF - 13.5

Inventories are showing draws again this week with WTI DIFF remaining constant. Now we just need stocks to hold their gains when they make them. Absolutely nothing wrong with 75 dollar WTI.

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