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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

Comment by Oldnaggeron Aug 04, 2021 2:46pm
106 Views
Post# 33649238

RE:RE:not all Doom & Gloom

RE:RE:not all Doom & GloomNat gas pricing is a counter balance to oil pricing. A resurgence of Covid could conceivably lead to a slowdown in demand related to oil, but to a much lesser extent to nat gas demand. Meanwhile less drilling will reduce both nat gas and crude supply. With a 45/55 ratio VET is naturally hedged against new variants .
whoLuLu wrote: 46% of production is nat gas


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