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 > here we go again - down with the market in general

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Comment by Pandoraon Jan 21, 2022 2:01pm

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RE:here we go again - down with the market in general

Always great to hear the numbers from the U.S. after cutting off the Keystone pipeline.

I heard the numbers today of 18,000 bbls/day imported from Russia in 2020 and then 206,000 bbls/day in 2021. Why pipe it from Canada when you can put it in tankers and ship it from friendly Russia?

The Biden administration sure seems to have a different view of what is good for North America.

Somehow the logic escapes me though.

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