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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 Kaybobon Oct 01, 2019 7:06pm
178 Views
Post# 30184537

RE:RE:Hard to watch VET

RE:RE:Hard to watch VETThe spartan guys understood what it took to operate in a SE Saskatchewan environment.  It wasn't a bad deal at the onset but doomed when a company like VET took over.  VET absolutely were market darlings while doing what they do best, which was operating in Europe hunting for gas that was priced on an oil basis.  Big dollars.  In SE Sask cost is everything and those that understand how to produce at a maximum for a minimum cost will win in the end.  VET is not geared for Sask, but they are geared for capturing great value in Europe.    I can guarantee you that the VET team regrets the Spartan purchase.  So there you do not have to wait any longer for an industry pro to let you know.
Bullboard Posts