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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Post by Konaboyon Dec 29, 2021 5:28pm
273 Views
Post# 34269097

Nord Stream 2

Nord Stream 2So it's at the ready, but the regulators have clearly stated they don't like the current scenario, and will likely not approve until 2H - and that's if their conditions are met.

Yes, it is production ready, and yes, when it turns on VET will take a thumping.

But given the resolve we continue to see across europe with continued marching down the green path in the face of certain financial (and other) consequence, I'm betting that we will not see the pipe open any time soon.  And even if it does, the hedging with the new acquisition was pretty sweet.

My opinion, etc. etc.


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