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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

Post by Oldnaggeron May 03, 2021 5:21pm
242 Views
Post# 33119860

A shot in the arm

A shot in the armOver 20 million covid vaccinations every day around the world. On the average each person on the planet uses about 5 barrels per year of crude and about 20 % is for gasoline.
Lets say 2 vaccines per person and half of those now free to travel. So what do we get ? Crude demand rising at a rate of 14000 barrels per day every day for at least another year !!

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