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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 > CapEx
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Comment by Oldnaggeron Jun 12, 2021 8:33am
208 Views
Post# 33377430

RE:CapEx

RE:CapExPaying down low interest rate debt at a time when the returns on drilling are spectacular is just down right silly . There will be time to pay down the debt closer to 2024 and 2025 with the increased cash flows that will result from frack drilling !!
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