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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 Oldnaggeron May 23, 2021 9:20pm
108 Views
Post# 33256138

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

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

I recall there was a time that Ontario Hydro paid Quebec and some US States large sums  to take away the excess power that was generated in off peak hours by its  windturbines !!
At one time Ontario Hydro had a public internet site that showed all this. The liberals answer to the dilemma was to take down the internet site !!
The excess power created by the wind turbines could not be offset because the liberals had shut down both coal and nat gas generators , that left hydro, principally Niagara falls whose production rates were set by treaty with and the US . And Nuclear with Invariable priduction. Hydro Quebec were certainly laughing at the Ontario Liberals stupidity !!! The Ontario voters found it a little less funny.

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