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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 PetroLoonie1on Dec 08, 2019 8:11pm
102 Views
Post# 30434306

RE:Trudeau green energy plan to bankrupt Ontario manufacturing

RE:Trudeau green energy plan to bankrupt Ontario manufacturingsee this video Big Wind released in 2015 re what wind turbines did to rural Ontario thanks to the Green Energy Act. This act was repealed by Doug Ford on Jan 1 2019 who is now tearing some of turbines down.

https://www.tvo.org/video/documentaries/big-wind

These turbines caused plummeting real estate, health effects amongst farmers and their animals, and anniliation of birds, bats and beneficial insects.

The turbines only last about 20 years and decommissioning costs are around $532,000 per turbine according to math done in Minnesota.

https://www.americanexperiment.org/2019/10/it-costs-532000-to-decommission-a-single-wind-turbine/

Also the turbine blades cannot apparently be recycled and end up in landfill.

Bullboard Posts