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Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

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.


TSX:VET - Post by User

Comment by Oldnaggeron Jan 02, 2021 5:23am
211 Views
Post# 32208844

RE:RE:RE: Covid -19 tax

RE:RE:RE: Covid -19 taxEvery opportunity needs to be taken to convince the liberal supporters and their cohorts the NDP of  the serious damage that their incompetence is causing the economy.
Destroying the O&G industry has not done any good at all towards their avowed cause of saving the planet. In fact it is counter productive. Every hydrocarbon BTU not produced and sold in Canada has been and will be produced elsewhere and usually at greater cost and with higher CO2 content 
For instance any LNG not exported to Asia will be replaced by Coal. As for heavy crudes these are needed by American refiners. The reason is simple Each barrel contains up to 20% more energy , since energy content is directly related to weight at heavier ends of the crude barrel.
  Decades ago my career was upset by the buyout of the industry by Petrocan. Not only did the Liberals use the occasion to install their nephews and nieces into important areas where they had no competence whatsoever. BUT I now see 40 years later that they had no ability at all to learn anything. So much for the original justification of the purchase (as a window on the industry) 
Petrocan caused enormous harm to the industry prior to being put out of its misery by Rick George at Suncor.
I could go on and on , as I am sure just about any thinking adult could.  

BUT instead I will simply cross my fingers for now and wish everyone a Happy NEW Year
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