Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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 > Why would Equinor sell so cheap?

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Comment by Rational43on Nov 29, 2021 2:24pm

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Post# 34176774

RE:RE:Why would Equinor sell so cheap?

https://www.upstreamonline.com/exclusive/worlds-largest-offshore-wind-farm-unprofitable-for-equinor-say-government-funded-researchers/2-1-1098012

Equinor likes to develop Offshore Wind Farms with their capital.

"Equinor's investment in Dogger Bank — the world's largest offshore wind project under construction — will be unprofitable, according to a Norwegian government-funded study.

The new research raises challenging questions about the Norwegian state-controlled oil and gas giant's energy transition strategy."

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