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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

Bullboard Posts
Post by farmboy75on Aug 23, 2019 10:45pm
180 Views
Post# 30061215

RE: Lack of responce to emails and phone calls

RE: Lack of responce to emails and phone calls
What would you have the company tell you, as they like every other oil company is down badly and getting calls and emails from worried investors. We all already know there is a wicked , nasty trade war between the two largest economies in the world, that is disrupting world trade to a great extent. That means less goods being moved by trains ,planes, ships and trucks. Hence less demand for oil and fuels. And even though Opec plus and Alberta are withholding production, the American shale wells are producing more each week and setting records for production. And also Iran and Maduras oil country are being held back by sanctions. But there is a huge amount of Iranian oil sitting undeclared in Chinese ports on ships and in tanks that have not cleared customs, so evade US sanctions. This hanging over the oil markets also. When we invest our hard earned money of course we want to see it grow, but must be prepared to see it drop also as is the case now. I and many of you retail investors researched VET and liked the company for several reasons, including a very strong management team. There was a huge drop in drills turning last week ,and with these oil prices , I believe that will continue, and eventually bear fruit. So don't panic, collect the fat divvy, have a beer or your favorite poison and wait for the turn around. As for bothering the company, if a man tells his wife he is going to fix something, he is going to fix it, it doesant do any good for her to keep reminding him every six months. GLTAL
Bullboard Posts