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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 > Oil down??
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Comment by Oldnaggeron Feb 18, 2021 11:53am
59 Views
Post# 32596133

RE:RE:RE:Oil down??

RE:RE:RE:Oil down??WTI futures are in Backwardation starting with the May contract but spot cargo prices are closing in on the current prices. Much further out the Futures price could be worrying OTOH the weaker futures prices will dampen enthusiasm for drillers to increase production.
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