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 May 25, 2020 2:02pm

353 Views

Post# 31069718

Should make me new CEO...LOL!!!

Although, imo the damage is done with the balance sheet. Someone like me was needed badly years ago to make sure VET lived within its means, including cutting or eliminating the dividend when oil prices were low.

VET needed a change. This all further validates my previous thoughts and arguments. I certainly hope we see the next CEO shoot straight, not pull any punches, and tell it like it is (cliches are great at moments like this). I wish the next CEO wisdom, foresight, and luck because he is going to need it all.

JMHO. GLTA.

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