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 > In other news in Europe

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Post by Oldnaggeron Dec 02, 2020 6:28pm

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Post# 32023091

In other news in Europe

Nat Gas inventories went negative against the prior years inventory for the first time in a very long time.
In late February 2020 there was a surplus of 1000 BCF versus the prior year.
European gas in 2020 represents 17% of VET's production AND is forecast to represent at least 20% of cash flow for 2020 . probably much higher for 2021

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How one company is disrupting PoC testing