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.

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Vermilion Energy Inc > Time is on our side

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Comment by Rational43on Nov 16, 2021 1:32pm

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Post# 34132718

RE:RE:Time is on our side

That's at European NG prices of $8/mcf, $72 WTI and $75 Brent.

Right now Europe's NG prices have jumped to $31 per mcf, WTI is $81 and Brent is $84.

Vermillion has exposure to the European NG market that Canadian NG produces don't have.

$178 a "barrel" of NG on their unhedged, vs the $20 a "barrel" that a Canadian NG producer gets.

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