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 > impairment charge

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Comment by Oldnaggeron Jun 01, 2021 8:39pm

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Post# 33308497

RE:RE:impairment charge

Reversal of the remaining impairment charge will be helpful as it will be an invitation for some of the more cautious investment funds to invest once the balance sheet is cleaned up.
Another important catalyst will be nat gas pricing in Europe which is quickly approaching the Eruption point due to continuing`And substantial inventory shortages !!

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