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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 mnztron Sep 30, 2021 11:19pm
205 Views
Post# 33950874

RE:RE:RE:RE:RE:RE:RE:one reason why VET is churning $$$

RE:RE:RE:RE:RE:RE:RE:one reason why VET is churning $$$
there is no more LNG to ship to Europe in the mid term. Asia is short. Russia is really the only source in the near term. But you can be sure they will only send more gas if it goes through NS2. So they can giddup the approval process for the pipeline.
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