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 May 28, 2020 12:44am

118 Views

Post# 31081306

RE:CFTC warns oil prices could go negative again

I wrote this on May 13, stating if WTI prices went negative again it would most likely happen next month (June, the month when the July contract is settled). JMHO. GLTA.

WheresMeGold wrote: I’ve said oil prices could go negative again, although I think it is more likely to happen next month versus this month. However, I read earlier today that there are 270 million barrels on paper that need either to be offset by paper buyers or need to be delivered to Cushing. So it could still get interesting next week

https://amp.ft.com/content/7162c5a8-e12e-48d6-bb71-aa0079d2390d

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