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

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Post by Vulture46on Jan 24, 2020 9:44pm

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Post# 30597497

News on upcoming Q4 2019 quarterly report (Feb. 4)

After supper this evening, a relative of mine with insider knowledge (and after 4 glasses of wine and much pryiing on my part) confided to me that the next quarterly report will announce a doubling of 5% buyback to 10%. The new buyback program will commence Q1 of 2020 and target all shares offered on the open market at 20.99$ or lower and continue on a daily basis until 10% total is reached in 2020 fiscal year.

GOOD LUCK SHORTS !

Ahahahaha

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