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. > Pure heaven when this P.O.S is replaced as our leader!!

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Comment by Moemoney42on Aug 25, 2022 6:10pm

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RE:RE:RE:Pure heaven when this P.O.S is replaced as our leader!!

Exactly Johnny.. meanwhile Austalia and the US were building LNG terminals as fast as they could and are now reaping the rewards.. they found markets to sell into.. and Canada could have as well.. all along making sure the "climate targets" were actually met.. whatever that means.. alot of coal could have been replaced already..!! I read somewhere Australia is pulling in $150 million a DAY with its LNG exports.. that pays alot of taxes and builds alot of infrastucture IMHO.. meanwhile Trudope was busy attending pride parades and playing Mr. Dressup.. :-/
And he wonders why he got heckled and called out by other countries leaders at a recent global summit.

JohnnyDoe wrote:

DukesMtl wrote:
I really despise Trudeau for many reasons but his statement is correct!

There has never been a strong business case for Canada to invest in the infrastructure required to send LNG to Europe via Quebec or ellswhere in Canada. Europe chose to buy off of Russia instead of Canada and where are they now?

Better get the long Johns and thermal blankets ready Europe. Winter is coming...

I disagree completely. There were very strong business cases prepared to build LNG export facilities. Canada just never approved the facilities being built. The issue traces back to well before Trudeau. Had those facilities been built, Canada could be a world leader in LNG. But here we are, getting pennies on the dollar for our gas and we'll eventually achieve equality because everyone will be poor.