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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 trackeroneon Apr 23, 2020 9:48pm
146 Views
Post# 30947731

RE:RE:Still though - No storage - June contract will get crushed

RE:RE:Still though - No storage - June contract will get crushed Agreed Fantome,

The re-opening of the economy as we know it will take far longer than it was to close it.

The logistics alone will be a nightmare. So anyone thinking that we just turn on the switch imho will be sadly mistaken. 

I think the recent run on stocks has been hugly over done, as we don't know what the outcome from the virus point of view will be. I strongly believe that the virus outcome will be dealt with much sooner than a real recovery in the economy though!

Lets be realistic, stock prices for the most part were showing signs of being over-priced before we got into the mess we are in now. Now the governments are throwing money at it to try and keep it afloat. Not many rounds left to fire!

My realistic point of view tells me we are in for a world of hurt that alot of people can't comprehend. 
Bullboard Posts