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 sportstermathewon Jun 12, 2021 8:45am

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Post# 33377439

RE:RE:CapEx

It depends upon your decline rates how much CAPEX you need to replace boe/d, but in this market it would be great to at least increase production to some degree unless covenants are as such your required to get it down.

With interest rates so low and returns from new wells so high I have to agree with oldnagger. DRILL BABY DRILL

Lock in your costs and move to the next one.

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