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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Post by divime1on Aug 01, 2021 10:55am
245 Views
Post# 33638289

Oil will it $ 100

Oil will it $ 100 and here is why .

Even at $ 73 WTI the rig count in the USA was down 3 . Oil companies aren't spending on drilling new wells or increassing production . They want high gas prices to scr ew Biden .

Iran attacked an oil tanker owned by Israel killing the British captain . Isreal will respond .

Iran needs a war diversion to unite the country against a foreign enemy . Iranians are currently rioting over water shortages .


https://www.france24.com/en/middle-east/20210722-protests-over-water-shortages-turn-deadly-in-southwest-iran
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