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. > This is a longer play than I thought

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Comment by Quintessential1on Oct 27, 2023 4:04pm

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Post# 35704890

RE:RE:RE:This is a longer play than I thought

LNG Canada comes online in 2024 and should raise AECO pricing through more egress.

TMX finishes in 2024 and should narrow the WTI WCS discount.

Wandoo is already getting a premium to Brent at full capacity with no WFTes in Oz.

TTF is is up to 50 EUR/MWH already and peak cold and demand comes in 2024
(WFTes still allow for 20% profit over base profits before they kick in and that is very good revenue)

All the stars are aligning in 2024 and the Q3 ER should be a good indicator of that.

GLTA