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. > VET buying PXT?

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Comment by ThatAlbertaGuyon Mar 26, 2021 3:41pm

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Post# 32888059

RE:VET buying PXT?

yeah I heard that as well , at first I kind of was shook as managment has said they are focused on debt repayment etc . But after hearing Eric's numbers on free cash PXT is sitting on and vermilion has low shares outstanding (they could buy it with shares ) might be a good deal for both . Will be interesting to see !

this is probably my favourite thing about VET as they are not limited geographically to expand plays .