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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 May 22, 2021 12:12am
179 Views
Post# 33253350

RE:RE:RE:RE:RE:RE:RE:RE:RE:good news bad news

RE:RE:RE:RE:RE:RE:RE:RE:RE:good news bad news
Oldnagger wrote: The US imports about 60 Terawatt hours per year mostly from Canads. That would be equivalent to 150000 bpd of oil depending on efficiency ,power line losses etc.


I have not fact checked this and do not have an original source link but I find it an interesting story.
The photos will likely not post but they are of a parking lot with hundreds of EV's:



Ya gotta wonder why all this anti-green information isn’t getting out to the general public. I guess there’s no money to be made!
 
 
GREEN ELECTRIC CARS AT END OF LIFE
 
This is a boneyard near Paris, France with hundreds of electric powered cars. Mind you these are only cars used by the City of Paris and not personal vehicles. All of these have the same issue…... the battery storage cells have given out and need to be replaced. Why not just replace them you ask? Well two reasons. First the battery storage cells cost almost double what the vehicle cost new, and second no landfill or disposals will allow the batteries to be disposed of there. So these green fairy tale electric cars are all sitting in vacant lots while their batteries drain toxins into the ground.
 
Still think we need to go green???

Europe has very few and very small hydro-electric power generation projects but they do have a number of nuclear generators. Solar and wind farms are everywhere but, as Germany has discovered, they have a NET ZERO benefit because the energy to mine, manufacture, install and maintain solar and wind farms equals (closely) the power generated. So, Germany has gone back to coal and gas generated electricity. And they are just completing a large natural gas pipeline from Russia. I’m not sure about France or the rest of Europe. That means these Green EV's were likely powered by dirty electricity.  Does that shatter your day?
  
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