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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Comment by Moemoney42on Sep 03, 2024 4:56pm

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Post# 36206917

RE:RE:RE:RE:Veren

I'd be interesting in seeing the current graph on production as this one is 3 months behind today's dates..? Libya production is down as a force majeure was announced recently on one of their facilities as well..?

Anschutz wrote:
Probably not just the fall. This is the image I tried to post over the weekend, however clearly it was too late with too much gin in me to be messaging. This graph puts it in perspective. Once again North American producers are blowing a hole in the market. Opec rtalking about raising production is looking like a shot across the bow that could re-escalate to giving shale & sand producers another big ouchie. Tread carefully friends and keep your powder dry.

packerdriver wrote:
Moemoney42 wrote: LOL.. and again the peanut gallery shows up.. did you look at the whole sector or do you just have an agenda to bash VEREN..??
Bet you missed the gap again this AM on HOU and HOD.. LMAO..!!!
Come on big shot... show us the buys and sell trades from Friday to today..!
Put up or shut up.. :-/

Moe's got it right....it's "the whole sector"....oil price down another 5% today....and it's not over...gonna be a lousy fall for oil it looks like