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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 clamlinguineon Jan 25, 2020 5:33pm
56 Views
Post# 30599141

RE:Impossible to Know the Truth

RE:Impossible to Know the TruthThe reef is fine. 

Great Barrier Reef In Good Shape, Has ‘Vibrant Future’, Reef Authority Says

  • Date: 22/10/19
  •  
  • The Australian

The Great Barrier Reef Marine Park Authority has supported Environment Minister Sussan Ley’s appraisal that the reef is “good” and has “a vibrant future”.

A Senate estimates committee hearing on Monday heard a downgrading of the reef condition from poor to very poor was a long-term forecast based on no action being taken on climate change. GBRMPA chief executive Joshua Thomas said the outlook report was an assessment of the likely condition of the reef if a series of issues were not ­addressed. These included reducing global greenhouse gas emissions along with improving reef water quality, better marine park compliance, controlling crown of thorns starfish and reducing marine debris.

“The reef is a vast estate and many areas remain vibrant and ecologically robust,” he said. “It continues to be an extraordinary experience for visitors to the region, supporting beautiful corals and abundant marine life.”

After her first visit to the reef as minister, Ms Ley said: “It gives me great heart and hope that the ­future of this magnificent part of the world is a good one.”

She said at the time the reef was not dead, was not dying and not even on life support. “Today we saw coral that was struggling but we also saw coral that was coming back, that was growing, that was vibrant.”

Mr Thomas said Ms Ley had been “referring to the fact there are many areas of the reef that remain vibrant and worth visiting and we support that statement”.

“It is also true that the reef over the past five years has been subjected to unprecedented changes, including those bleaching events in 2016-17,” he added.

The authority’s chief scientist, David Wachenfeld, told Senate estimates the outlook report was evidence-based. 

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