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. > European Nat Gas

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Post by Oldnaggeron Nov 20, 2021 3:41am

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Post# 34148931

European Nat Gas

Time to take a look at where we are and where we are going

https://www.celsiusenergy.net/p/european-natural-gas-inventories.html

Inventories have peaked and are on the way down. Projected to bottom out about 600 bcf by mid April. It looks like there is little chance of help from the Russians till at least February or March
The Europeans are of course doing all they can by crossing there fingers and repeating hilf mir Herr.
The current returns on LNG cargoes to Asia are about USD 5$ higher. So the europeans will surely need divine intervention. Otherwise prices are going much higher !!

https://www.celsiusenergy.net/p/lng-pricing-profitability.html

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