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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 > good news bad news
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Comment by bttmfischeron May 23, 2021 1:15pm
152 Views
Post# 33255455

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 newsDo you know how much the US electric companies pay for the Canadian Electric power?
About 30 months ago it was 6(six cents Canadian} per kilowatt.
At the same time the rates Ontario customers paid an average of 11.4 cents per kW.
Hydro One, 51% of which the Government of Ontario owns) urges home owners to buy
power saving light bulbs and other GREEN DEVICES, and sells the excess power to our American cousins for 1/2 price.
Brilliant , don't you think? 
These are numbers I obtained while I did some work for the Energy Board.
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