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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 > LIne 5
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Post by Oldnaggeron Mar 06, 2021 1:56am
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Post# 32735409

LIne 5

LIne 5The only realistic alternative to the closing of line 5 would be to reactivate the old Portland Pipeline system and reverse Line 9 once again but that would yield only 240 Kbpd versus 540 kbpd required
It would also take many months to accomplish (at best) , time that Canada no longer has. Ditto for constructing offloading systems for crude by rail or even worse crude by truck which would only be symbolic at best and another constant reminder to the population of the complete ineptitude of our Federal Government !!
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