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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 > What news caused the tank in the last few minutes?
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Comment by sebastian2on Nov 05, 2024 11:04pm
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Post# 36298059

RE:RE:RE:RE:RE:RE:RE:RE:What news caused the tank in the last few minutes?

RE:RE:RE:RE:RE:RE:RE:RE:What news caused the tank in the last few minutes?No US company will produce more to make a smaller profit as a result.  Watch for other things to happen this is not just a production thing.   Canada histoically has been selling oil and gas at a large discount because of the absence of our own access to markets.   Look for that changing depending on our election results.   Who cares if we have more oil at $60 if the discount dissapers when our producers get $50 now at 70-74 WTI becuse of the discount penalty.
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