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.

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Comment by Muaddib2020on Jan 20, 2020 10:49am

68 Views

Post# 30573194

RE:RE:RE:Climate Change and Oil Development

Pandora wrote:

jackhacket wrote:

Fantome wrote: A few days ago I posted a regerence to a video from a person who..until recently....was clearly a renewable energy guy..in fact he was an architect of Obama's renewable energy plan which involved hundereds of millions of dollars for renewable energy technologies....rememebr Solindra??

With all due respect to the people here...there wasn't any real discussion here on that post..so i can only assume that most people didn't video the 17 minute video...

Sooo...basically he after being part of the "movement"..concluded that renewable energy will not work and more importsntly found that renewable energy projects such as solar are responsible for enormous environmental damage to wildlife and enangered speciie such as the desert tortoise...windmills kill thousands of birds...etc..

The fact of the matter is that the world will require oil for the foreseable future....if Canada doesn't produce the energy due to Government policy then people will get the oil from somewhere else and Canada will be the loser

From the previous paragraphs it is also important to note that the argument about environmental damage from say the oil sands is in essence likely to be less than the damage from renewable energy develoments such as solar and wide according to the guy in the video..

Further it is clear from documented evidence that the potential for environmental damage from oil spills from pipelines is orders of magnitude less than the potential from rail transport or ship transport.

Sooo..when you look at all...the Government....to use a military saying...is essentially shooting Canadians in the foot by putting the riffle at the bendied knee and shooting throught he leg down to the foot!!

This needs to stop!!!!

I watched the whole 17 minutes and came away wanting to buy some cameco. it was basically a nuclear informercial.

oil - bad
nenewables - questionable
nuclear - the lesser of all evils.

that was my take.

That was my take on it as well but the problem there is a different form of fear -- it is the fear of nuclear fallout i.e. like Chernobyl or Fukushima. There is such a built in fear there that no one wants to even talk about developing -- and I believe the development time frame is quite lengthy. Don't seem to ever hear about the use of Thorium as an alternative to Uranium either.