Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

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Vermilion Energy Inc. > Nat gas just hit 3.40

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Comment by mnztron Oct 30, 2020 9:27pm

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Post# 31817728

RE:RE:RE:Nat gas just hit 3.40

NG to LNG conversion is 1.50-2/unit so $5.50 still leaves HUGE potential profit in Asia and Asian prices are still rising. With Nord Stream 2 stalled, and higher prices in Asia, Europe will have to compete for LNG resulting in higher NG prices there as well. Europe only produces about 30% of its own NG, so its Putin or LNG or freeze.

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