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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Comment by CraigAndrewson Mar 11, 2020 6:40pm

130 Views

Post# 30796037

RE:RE:US could be making some corrective actions soon?

Moemoney42 wrote:
After posting this article I've thought about the potential direction that could very well arise.
If the US were to cut back willingly a mear 500,000 - 1 million bls/day in production and Russia and SA decided they were happy with the US willingness to accomodate, and everyone makes peace, the oil price would rally and hard...! NO problem gaining $10 - $15 /brl even with the coronavirus still evident..!

Moe $$

And if the WHO and CDC announced they had a vaccine for coronavirus ready today the markets could regain their 20% losses in less than a week.

BUT IT AIN'T GOING TO HAPPEN

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