Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 whoLuLuon Oct 03, 2021 7:29am
197 Views
Post# 33958406

RE:RE:RE:RE:RE:RE:My post on the Village

RE:RE:RE:RE:RE:RE:My post on the Village
Oldnagger wrote:

My post about Coal was merely to point out that the global reserve life according to the EIA and other sources is estimated around 133 years versus 51 years for nat gas and 45 years for oil.
Now this is a tricky subject , since reserve estimates are imprecise and changeable particularly as commodity prices change. Reserve life is also dependent upon annual consumption.
My thoughts at the time of posting were that as global warming concerns and mania increase then consumption rates would change . The greatest reduction would be for Coal, therefore its reserve life would increase the most. 

Ultimately, the world will need to rely on Coal for most of its energy and petrochemical needs.
Perhaps by then , there will be huge production of other power.
45 years ago , I  changed employment back to petroleum from designing cooling water systems and steam tracing for the world's last 2 heavy  water plants at Glace Bay and La Prade. Both projects were taken out of the hands of capable engineering firms and forced into the incompetent and corrupt hands of Lavalin (to whom I had been seconded ) Lavalin got rich, Canada got nothing.
My point is that if Canada wants to join in a nuclear future, it would do very well to first get rid of the incumbent scumbags !!


Got Ya O N, thanks for the recap. I recall at Glace Bay hearing that the pipes rusted out because they weren't spec'd for salt water.
<< Previous
Bullboard Posts
Next >>