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. > VET Upgraded.....

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Comment by Oldnaggeron Sep 18, 2022 7:38am

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Post# 34969655

RE:RE:RE:RE:RE:RE:RE:RE:RE:VET Upgraded.....

True , yet the tax is unworkable, multinationals will simply shift their profitable businesses elsewhere. That will cause even more severe supply problems in Europe leading to much higher prices . Probably will lead to larger price increases than the amount of any taxes. Don't forget that the Europeans have already burnt their bridges with the majors To wit Shell , BP , Exxon etc.

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