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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
Comment by Sadie222on Aug 28, 2019 5:24pm
142 Views
Post# 30076662

RE:RE:RE: Not worried

RE:RE:RE: Not worriedSince it’s a private company doing the project, it’s their problem. I would assume, being based in Calgary themselves, they would have made provision for that.
Oil will be with us forever.

farmboy75 wrote:
Hey Sadie, regarding that giant solar plant being built near Calgary. Was that not one of the areas hit by a massive 100 million hailstorm not long ago? Someone on the SGY bull board posted pictures of a large field of solar panels that had been hit with hail, quite the mess. Perhaps if they build roofs over top of them to protect them from hail storms. Also said article stated that they leach lead and cadmium into the ground, not very good for the environment or ground waters. My herd of cattle are gone along with my big 8 wheeled tractor ,but I still have 5 smaller tractors that I use almost daily, along with 4 chainsaws that eat gas and oil. I also have many other pieces of equipment that use gas and need oil changes yearly. So oil will be king for a long time as I see it anyways. With the rig counts dropping almost every week and projects being scaled back or halted, at some point the price of oil will have to rise, along with our beaten down oil stocks. Gltal


Bullboard Posts