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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
Post by rockhead7on Sep 10, 2020 4:51pm
232 Views
Post# 31539637

Fracking

FrackingI got excited when I saw the newly minted VP candidate say uniequivically that she and Biden were going to ban fracking.  But I see that on the ground in an important swing state, Penn, she is backing down quick-not banning but reducing fracking.  No doubt the radical left who will have great sway in a Biden admin will push for a fracking ban but the hit to the US economy would be too great, best we can hope for is a serious body blow to the US gas industry by an administration that needs the enviros.  It will still bode well for our Canadian industry, just not the absolute bonanza that it originally appeared to potentially be.
Bullboard Posts