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 > Insider purchases

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Comment by Oldnaggeron Aug 07, 2022 10:06pm

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Post# 34877765

RE:Insider purchases

Due to their experience in Europe, I am sure that VET management realize how valuable natural gas assets can be . They are seemingly on a longer term plan to acquire more assets in the same region as the Leucrotta acquisition. right now the cash requirements for the share purchases are under $200k per day which is only a small percentage of VET s close to 5 million per day cash flow.

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