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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Post by WheresMeGoldon Apr 14, 2020 1:13pm

195 Views

Post# 30908019

I was spot on with OPEC+ irrelevancy and impotency

No one can reasonably say I was anything other than 100% spot on with the irrelevancy and impotency of the OPEC+ agreement that countries limped into on Sunday. I spelled out how and why it would turn out as it did.

So don’t doubt me when I tell you that global storage capacity will be reached within the next two months. As a result the marketplace will severely crash oil prices of all grades into the teens or lower. VET is extremely vulnerable in this environment.

JMHO. GLTA.

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