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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 > VET may sell properties in France
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Comment by PipelessPauperon Sep 18, 2021 2:31pm
179 Views
Post# 33883429

RE:RE:RE:VET may sell properties in France

RE:RE:RE:VET may sell properties in FranceI’ll copy in what I replied :

"at the end of Q2, we were down to $2.0b debt" 
 
it's actually a lot better than that. Vet includes amount under margin (hedging losses) in with "debt".
 
True figure (interest bearing term debt) is actually ~ $1790 mm.
 
They could be out of the woods and rdy for a div. reinstatement after this sale 
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