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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 > Help is on the way
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Post by Oldnaggeron Jan 29, 2022 5:10am
513 Views
Post# 34374038

Help is on the way

Help is on the wayJoe Biden to the rescue once again, this time with promises to Europe to meet their nat gas needs.
Just one hiccup. Parts of New England are reliant on LNG due to the Democrats having and still blocking every attempt to get more Gas Supply to them from the Marcellus.
Gottta love a guy whose heart is in the right place , even though his mind is in a happier space somewhere else.
I know that some will say that New England gets their gas from Trinidad (consequence of the Jones Act).  but there is a tightness in the LNG carrier market that must be overcome .

https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/012822-powerful-us-northeast-winter-storm-lifts-spot-gas-power-prices
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