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.

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Vermilion Energy Inc > Using $100mm /qtr in FCF

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Comment by Oldnaggeron Jul 22, 2021 5:05am

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Post# 33586492

RE:Using $100mm /qtr in FCF

I also am very bullish on pricing, as I predict shortages of just about everything coming by this winter. However Covid refuses to die and there seems to be an abundance of stupid people who for some strange reason want to keep it alive. Then add on top of that another overwhelming abundance of morons who want to kill our most prosperous and necessary industry.
My guess is that one of the unreported side effects of COVID was its ability to turn politicians into a gang of blithering numbskulls !!
Now that I got that out of my system, lets hope you are right on your price predictions so that we can finally all get on with our lives!!

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Rig Count Soars as Utilization Surpasses Industry Averages