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 > And again.....

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Comment by maramos98on Jan 26, 2021 12:32pm

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Post# 32388128

RE:And again.....

Biden to pause oil drilling on public lands: Report

https://www.bnnbloomberg.ca/biden-to-pause-oil-drilling-on-public-lands-report-1.1554190

This is the likely reason why VET is down over the last couple of days.
Most leases in wyoming are on federal land so in theory VET may be impacted down the road.
Most companies have enough backlog of permits to continue drilling. Negligeable impact in the short term.

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