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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 Oldnaggeron May 22, 2021 12:36am
174 Views
Post# 33253362

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:good news bad newsA close friend left his job in the Marcellus , just as fracking was getting off the ground,, to work for a Danish wind turbine company. I argued that he was leaving a great opportunity for an uncertain future. But as a dedicated environmentalist , his choice was clear . Years later, he told me that he was moving back into the nat gas business.` I asked why the change ? His answer was that he had been working`For the warranty dept. And as such had devised methods to greatly extend the serviceable life of the wind turbines. His bosses answer was that before they made wind turbines they made toasters. There were very simple means to make toasters last for ever. They never did it for toasters and they certainly weren't going to do it for wind turbines !!
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