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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 downwithdotcom1on Jun 27, 2024 12:18pm
127 Views
Post# 36109082

another US LNG facility starting up...

another US LNG facility starting up...excellent news...soon this facilty alone could wipe out the ALL excess nat gas being produced in the USA , just one more piece falling into place to see $4 nymex next year ..see below...dwdc

Venture Global Louisiana Plaquemines LNG export plant takes in first natural gas.
Plaquemines is expected to be the next U.S. LNG export plant to enter service later in 2024.LSEG data showed Plaquemines took in about 0.6 billion cubic feet per day (bcfd) of gas on Wednesday.ey expect Venture Global to complete work on the first 1.8-bcfd phase of Plaquemines between 2024-2026 and the second 1.2-bcfd phase between 2025-2026.
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