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 > API

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Comment by downtozeroon Mar 09, 2021 5:12pm

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Post# 32755617

RE:RE:RE:API

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 12.8 million barrels for the week ended March 5, according to sources. The data also reportedly showed gasoline stockpiles down by 8.5 million barrels, while distillate inventories fell by 4.8 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, edged up by 295,000 barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories up by 2.7 million barrels, according to a survey of analysts conducted by S&P Global Platts. The survey also shows expectations for inventory declines of 4.8 million barrels for gasoline and 3.8 million barrels for distillates. April West Texas Intermediate crude CLJ21, -1.89% was at $63.92 barrel in electronic trading, compared with Tuesday’s settlement at $64.01 on the New York Mercantile Exchange.

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