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.

TSX:VET - Post by User

Vermilion Energy Inc.

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Post by masfortunaon Oct 01, 2021 6:00pm

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Post# 33955566

Questions

#1 On the Divy: Management has said before the fiscal year end it plans on reinstating a divy.

#2 On the opec meeting: Opec will be meeting on Tuesday to discuss several items INCLUDING whether the 400k barrels will be increased or decreased. 3 weeks ago Biden asked Saudi Arabia to increase production and the answer was "No". Oil was trading at similar levels that it is today. Draw your own conclusions.

#3 Ng to European markets: Vet is not really involved in any large scale transfer of NG to Europe in general. Any increase to Europe would be through the US which would be viewed negatively by Americans at the moment.

Have a great weekend!
Mas

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