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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. > Oil is not the only commodity trading higher.
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Post by Quintessential1on Oct 10, 2023 9:54am
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Post# 35676850

Oil is not the only commodity trading higher.

Oil is not the only commodity trading higher.

Natural gas futures in Europe were up more than 12% to approach €50 per megawatt-hour, the highest since April, following a 15% surge Monday, amid increasing supply concerns. Chevron was instructed by the Israeli government to shut production at the Tamar natural gas field on the country's northern coast, due to safety concerns as the conflict in the region intensifies. Also, Finland and Estonia observed on Sunday an unusual drop in pressure in the Balticconnector offshore gas pipeline between the countries due to a leak. This resulted in the shutdown of gas flow, and the repair work could take several months. At the same time, it was reported that workers at Chevron Corp.'s liquefied natural gas facilities in Australia were planning to resume strikes.


https://tradingeconomics.com/commodity/eu-natural-gas

GLTA
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