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. > UK and Ero nat gas

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Comment by Quintessential1on Aug 27, 2023 12:38pm

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Post# 35607250

RE:RE:RE:RE:RE:UK and Ero nat gas

It should be interesting to see how it plays out right now.

The lack of any kind of sanctions or admonishments of any kinds is very telling already.

It looks like this is to be an alliance purely based on economics and very little if any moral code.

It is perhaps how the G7 should have operated but of course democracies supposedly have to answer to their populations who do not necessarily want to do business at any cost or price. Or do we?

Not too many democracies in BRICS and VET operates in none of them not that democratic rule has aided VET in its endeavors and may have hindered.

I guess we can ask ourselves this: Would we rather be invested in VET or Gazprom?

I know my answer.

GLTA

Pandora wrote: Interesting how this may roll out with time:

BRICS to Control Over 80% of Global Oil Production and 33% of GDP

With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s share (over 80%) of the world’s oil production. BRICS nations are experiencing some of the fastest GDP growth and together amount to over $30 trillion in GDP.
The economic alliance that represented just 17% of GDP in 1995, now represents 32% of global GDP, surpassing G7 nations for the first time. This data was from April, but more recent numbers peg the BRICS share of global GDP at 33.5%. The BRICS alliance is now a force to be reckoned with and their growth is only getting started.