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 WheresMeGoldon Apr 15, 2020 1:19pm

155 Views

Post# 30912456

RE:RE:EIA numbers look incredibly bearish for oil

Eigen, you’re slightly more pessimistic than me but you might very well be correct.

Regardless, people need to protect their hard-earned money and investments. It always amazes me that many people will go through great efforts to save a few cents at the pump, a few dollars at a restaurant, and go cheap on vacations and events but will throw many thousands of $ on a risky stock. And don’t think people aren’t exploiting this flaw.

Eigen337 wrote: We know that the HARD STOP HALT of COP in the US is 4 to 5 WEEKS from now !!!

Cushing OK will be able to TAKE NO MORE CRUDE OIL !!!?????!!!

Gasoline demand destruction is ~ 55% according to the latest GasBuddyGuy CALCULATIONS !!!

Therefore, US refinery DEMAND DESTRUCTION will be GREATER THAN 5,500K bbls/d !!!

This is my opinion only.

Eigen337