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 > USA and India Release their Oil Reserves

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Post by ronster65on Nov 23, 2021 7:31am

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Post# 34155959

USA and India Release their Oil Reserves

If you are OPEC and you see these two countries release oil from their reserve, you know these countries are in real trouble and OPEC will now have a surplus of oil. US was only predicted to release 30 m barrels and instead they release 50 m. which translates to $2.00 USD per barrel.

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