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 > Possible target for the interim bottom

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Comment by shakkaon Jan 26, 2021 4:38pm

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RE:RE:RE:RE:RE:Possible target for the interim bottom

There is a major supply crunch coming for oil. When I say major, I mean crisis level type. Shale production is down 20pct from the peak and with Biden coming in, it will get worse on the Supply side.

Demand is coming back and expect it to come back viciously in the 2nd half of this year.

I don't see renewables becoming mainstream anytime soon. Oil is here and will remain here for many many years to come. Anyone who thinks otherwise needs to take their head out of the sand.

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