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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

Bullboard Posts
Comment by WheresMeGoldon Apr 09, 2020 3:28pm
123 Views
Post# 30895479

RE:RE:I was spot on with COVID 19, I’ll be on storage too

RE:RE:I was spot on with COVID 19, I’ll be on storage tooYou can get details if the OPEC+ negotiations live from this Twitter account. It’s not going well. They will eventually pronounce the agreement. However, their difficulties demonstrate there will likely be violators. Regardless, the the agreement is irrelevant as I have warned. 

https://mobile.twitter.com/amena__bakr?lang=en

WheresMeGold wrote: As I warned you the OPEC+ deal would be impotent and irrelevant. The agreement to cut production by 10 million barrels per day for two months is not enough, not even close to enough. So the marketplace will force the cuts as global storage capacity is essentially breached at some point within the next two months. The marketplace always has the last word eventually.

I warned you on this very message board of the huge deflationary impact coronavirus would have, and in particular on oil, over two months ago. People here mocked and ridiculed me as they held and bought VET shares around $20 per share. Many held these shares all the way down. I’m sure it will happen with my current call on storage. Ignore me at your risk.

VET is extremely vulnerable in this environment. JMHO. GLTA.

WheresMeGold wrote: I said we will essentially breach global oil storage within 2 months. Here’s more evidence I was ahead of the curve. Protect your hard-earned money. VET is risky at best. JMHO. GLTA.

https://www.zerohedge.com/energy/oil-surges-after-saudis-russia-said-reach-production-cut-deal-oil-cuts-large-20mmbd




Bullboard Posts