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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.


TSX:VET - Post by User

Vermilion Energy Inc > Europe and UK
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Comment by Quintessential1on Jul 06, 2024 10:10am
188 Views
Post# 36121000

RE:RE:RE:RE:Europe and UK

RE:RE:RE:RE:Europe and UKSo Australia faces the decision of having to allow coal generation to open back up or invest highly in natural gas exploration and development.  VET is very good at that but also have a lot of fingers in a lot of pies already around the world.  At least OZ is already one of them but VET produces oil there not really NG...yet.

Of course one solution for the Australian government is to curb LNG exports to boost domestic supply ala the USA.  This would boost the world wide price of LNG and somewhat other doemestic NG prices like Europe, Canada, USA.  Again good for VET.

https://oilprice.com/Latest-Energy-News/World-News/Australia-Could-Be-Hit-by-Natural-Gas-Shortage-in-2027.html

GLTA

brewster123 wrote: Australia too, I think....which is good given this headline today:

Australia Could Be Hit by Natural Gas Shortage in 2027





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