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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 Apr 02, 2021 1:53pm
242 Views
Post# 32932370

RE:RE:RE:RE:RE:RE:RE:CDN oil in trouble

RE:RE:RE:RE:RE:RE:RE:CDN oil in trouble
The new Biden spending plan -- all supposedly well intentioned -- but by rushing things much too fast from a political perspective I can't help but think there is a ton of wasted money here. But, in that respect, they have printing presses that can run non-stop and tax payers that will just keep on giving. It's too bad that those that emphatically and passionately believe in the ideology don't voluntarily contribute more of their dollars in support of the programs. They seem to think it is really great stuff as long as someone else is paying for it. All these politicians that are making the decisions - do you think they will be personally negatively affected? Not likely. It's imposed on the lowly "others" -- you know - "the basket of deplorables".

https://www.politico.com/news/2021/04/02/biden-infrastructure-plan-478898

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