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.

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Vermilion Energy Inc. > What happens if there is a deal with Iran?

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Comment by Konaboyon Jan 03, 2022 5:17pm

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Post# 34280148

RE:What happens if there is a deal with Iran?

The Iran embargo is not really working, China is buying lots of Iran's oil (likely at discounted black market prices), and they are also serving neighbours like Afghanistan.

US could go in and (ahem) fix Venezuela if it wanted/needed to.

Interesting conundrum, tho, given Joe would rather see an oversupply. So he might turn a blind eye.

He has not already shown he will not protect US producers. I get the sense that the SPR swaps/sales are not really moving/doing well. I wonder how participative or interested the US companies are ... and what the prices are like.