Vermilion Energy Inc. T.VET

Coastal gasline completion

[Abedim15]

Can anyone confirm that vet will be able to use this and the new LNG terminal to bring potential future Montney product to market 
https://biv.com/article/2023/10/coastal-gaslink-makes-final-weld-completed-pipeline

[RiverCartel]

I would asusme so, considering TC payed double to construct the pipeline, they will be looknig for producers to help pay it off. Asian market will pay a premium for our NG.

[Quintessential1]

As far as I know VET has no contract to supply LNG Canada with NG but any additional egress out of the WCSB should be bullish for AECO NG pricing and VET as an NG producer.  This isn't to say that they cannot negotiate a supply contract with LNG Canada before they actually start up but they and all Montney producers should see some pricing benefit regardless. GLTA

[Pandora]

And how does Coelcanth (V.CEI) fit into the gas world? An excerpt from the CEI board: "As previously disclosed, Coelacanth has secured long-term takeaway on 60 mmcf/d of gas to be delivered into the Westcoast system plus minor amounts to be delivered into the Alliance system. With both initial processing and takeaway secured, Coelacanth’s business plan of building to over 22,000 boe/d over a