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 > Acqusition of 20,000 acres-may prove to be worth it

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Comment by clamlinguineon Nov 12, 2021 11:54pm

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Post# 34122503

RE:RE:RE:Acqusition of 20,000 acres-may prove to be worth it

Yeah great, at that rate they'll be debt free in 8 years. Good companys will be virtually debt free at the end of next year if they aren't there already.This may be a sunset industry, we don't need to spend profits on longer production, certainly not yet.

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