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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Comment by Pandoraon Feb 18, 2021 8:00pm
87 Views
Post# 32605711

RE:RE:RE:In time VET will triple

RE:RE:RE:In time VET will triple
lashing wrote: LOL take your garbage somewhere else. No one needs to "invest" in money losing Gret Garbage that Texas is right this very minute proving to be useless when the chips are down. VET is an oil and gas company and thats precisely why it makes money. You are either completely clueless or here just to spam nonsense.

Tommy123 wrote: VET needs to invest in clean energy (wind and solar) like the majors are doing. That is where their future growth will come from, and convince the market that they're not just an oil and gas company.




Right on lashing -- they throw out this term "clean energy" as all encompassing whether it is a practical mode of energy or not. As was stated on TV earlier the move to such things as solar and windmills was started in the 1990's probably as a response to Al Gore's first "ten year forecast" for the world to self destruct due to "global warming". A federal process was put in place to heavily subsidize the construction of facilities such as windmills and solar fields. This was to be a short term subsidy until the "clean industry" could establish itself. Now some 30 years later the Federal Government is still paying out millions, if not billions, in these subsidies -- which never gets publically discussed.

It did not take the environmentalists long to realize the "warming" story was not going to hold water so they quickly changed it to "climate change" and found that that term could be all-encompassing. Any extreme weather patterns (which we have experienced for hundreds of years by the way) can now be lumped into the category. You will notice Beto O'Rourke, the Spanish Irishman from Texas has already been on the news today spouting that theory. It is the green house gases causing climate change that has caused this dramatic cold snap in the nation. Not that it hasn't happened before -- before there was even measureable green house gases. Before the term was even part of our vocabulary.

But they will keep wasting money building all this so called "clean" infrastructure without recognizing how big a blight it is on the environment but living their "dream".

There can be and will be much better forms of clean energy developed over the years if it is approached in a sane common sense logical manner and not through poorly planned fear mongering.

Texas has built about 20% of their grid in this so called clean energy concept (heavily subsidized) and apparently very little thought into how well it would function in times of extreme weather -- and now they are getting their eyes opened. Surprise - it can get cold!

It's called 'live and learn' and apparently a lot more people have to go through that.

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