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 > BNN: Nat Gas demand surging, largest in 70 years

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Post by EnergyWatcher55on Feb 08, 2021 11:35am

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Post# 32500943

BNN: Nat Gas demand surging, largest in 70 years

BNN reporting that the month of February 2021 has been listed in the top ten months of the highest
demand for Nat-gas due to the cold weather.

"This raises the possibility of 300 Biliion cubic feet withdrawal from February 12-18th time frame......1-billion cublic feet is enough to heat 5M homes".

VET can only benefit from this huge demand since Nat-gas represents 45 % of VET's cash flow.

With high oil prices, VET is a cash flow.

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