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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

Comment by alkhoron May 19, 2021 3:24pm
102 Views
Post# 33231492

RE:RE:RE:RE:good news bad news

RE:RE:RE:RE:good news bad news
bttmfischer wrote: Are you sure about Biden "begging" Iran for cheep oil?
US is now a NET EXPORTER OF OIL, beside they can, and do buy discounted oil from Canada,
which they can turn around and sell at a profit.


The US consumes about  5 MMbll/d more than they produce, they are far from a net exporter. They do import Canadian oil oit west and ship some (about 200,000 bbl/d) to Canada out east, but still get oil from overseas.

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