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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

Post by geezer21on May 31, 2022 8:55pm
141 Views
Post# 34721918

Sanctions On Iran Oil Not Coming Off Any Time Soon

Sanctions On Iran Oil Not Coming Off Any Time Soon
https://www.zerohedge.com/geopolitical/take-look-inside-irans-secret-underground-drone-base

Take A Look Inside Iran's Secret Underground Drone Base

by Tyler Durden
Tuesday, May 31, 2022 - 05:45 AM

In a boastful flex of military muscle at a time of increasing tensions, the Iranian army has provided a glimpse inside its new subterranean drone base.  

The facility's specific location wasn't disclosed, but it's said to buried hundreds of meters underground somewhere in the Zagros Mountains, a nearly thousand-mile-long range spanning most of western Iran. 

"Strategic UAV Base 313" was showcased in a Saturday report on Iran state television. The reporter was blindfolded during a 45-minute helicopter flight to the facility.

"No doubt the drones of Islamic Republic of Iran's armed forces are the region's most powerful," said Major General Abdolrahim Mousavi. "Our capability to upgrade drones is unstoppable."

The show of strength comes at a time of rising hostility between Iran and the Israeli and U.S. governments:

  • On May 17, Israeli media reported that the U.S. Air Force would join Israel in a drill simulating a massive attack on Iran's nuclear facilities. 

  • On May 22, Israel assassinated a senior Islamic Revolutionary Guard Corps (IRGC) officer in Tehran.

  • On May 24, the U.S. government—with help from Greece—seized oil from an Iranian oil tanker. On May 27, Iran retaliated by seizing two Greek tankers in the Persian Gulf. 

The Iranian TV segment, which aired Saturday, showed a tunneled facility stocked with an array of unmanned aerial vehicles (UAVs), said to total 100.

Among them, Ababil-5 drones, which were first revealed in an April military display. The displayed Ababil-5 UAVs were fitted with Qaem-9 air-to-surface missiles, which are akin to the U.S. military's Hellfire.  

"The Iranian military is rapidly developing its drone capabilities, and we are also producing new types of UAVs that can carry out all kinds of missions," said Mohammad Bagheri, chief of staff of Iran's armed forces.  

With the broadcast, Iran unveiled two new cruise missiles: the Heidar-1 and Heidar-2. This 1-minute hype video about them is worth watching for the intense drum soundtrack alone:

 

 For a fuller look around the facility, here's the complete Iranian state TV segment:

 

The base is out there somewhere: Iran's Zagros Mountains (via Britannica.com) 
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