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

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Comment by mnztron Oct 30, 2020 9:07pm

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Post# 31817695

RE:Nat gas just hit 3.40

The real driver is LNG prices. The N. American LNG industry was created because of the massive NG surplus here from fracking. Now that fracked oil activity has died off, NG byproduct is not being produced. Also LNG prices in Asia have started to soar, so our NG price gets linked to the LNG market as LNG exporters seek supply to liquify and export.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages