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.

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Vermilion Energy Inc > OPEC+ set for a three-month output rollover

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Comment by mnztron Oct 28, 2020 11:11am

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Post# 31795459

RE:OPEC+ set for a three-month output rollover

OPEC are so clownish. The excess inventory is only $4B, yet they cannot coordinate lancing this boil with bigger short term cuts. They should just provide huge incentives for production companies to conduct maint and upgrades so that production falls. in the near term. That lousty 100m BBLs acts as a giant barrier to higher prices.

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