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.

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Comment by PeterWrighton Feb 18, 2020 12:11pm

103 Views

Post# 30703338

RE:Brent could fall below WTI

IT is interesting to watch the brent/WTI differential shrink. I do agree that WTI could surpass Brent. China is loading up on cheap Iranian oil and filling storage quickly. Brent demand should be reduced into the 2nd half of the year. If Lybian oil comes back on stream in the next few months, oil will continue to retreat. It seems that there id definitely bearish momemtum.
Hopefully US oil companies didn't hedge when oil was over $60 or this entire year will be rough.
Nice to see VET update their corporate presentation to reflect poorer results.
GLTA

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