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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 > Equinor
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Comment by lovesawduston Dec 08, 2021 12:51pm
83 Views
Post# 34211040

RE:RE:RE:RE:RE:Equinor

RE:RE:RE:RE:RE:EquinorHahaha, yeah!  "The wind blows for free", yes it does.  But it doesn't blow like it should, 24/7/365 to generate anything worthwhile to make it cost effective, and good value for the money spent!
If it blows less than 8MPH, they don't turn.  If it blows more than 35MPH, they shut down.  Anywhere in between, provides a percentage of their capacity.

Here's a link to a real time website for the Alberta Electric System Operators. 

https://ets.aeso.ca/ets_web/ip/Market/Reports/CSDReportServlet

Save it, look everyday, then decide if wind/solar is worth having for the money tax payers pay them daily for capacity, not what they generate!
The only reason corporations get into wind/solar is for the guaranteed tax dollar payments monthly, the feel good/look good attention, and no electricty really needs to be generated!
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Dealroom for high-potential pre-IPO opportunities