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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 Moemoney42on Oct 15, 2021 10:06am
120 Views
Post# 34009175

RE:Moemoney42

RE:Moemoney42LOL.. yeah I think I'll pass on that and just stick with collecting royalties.. its cleaner work.. LOL.. although, you're probably aware of this, but there are already private companies that do just that... called scrubbers.. they buy these low producers, work them over/stimulate so that some of the oil can still be produced.. of course they pick them up cheap, and now that the prices are where they are, they do make money..
Oldnagger wrote: Hey Moe , I got a truck and I suppose I could get a tank. . Do you think we could find an abandoned well somewhere ? With the improved pricing, it might be worth our time !!


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