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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

Comment by Oldnaggeron Feb 16, 2022 1:58am
228 Views
Post# 34432622

RE:Vermilion Energy Beats The Averages

RE:Vermilion Energy Beats The AveragesFurther to my earlier post concerning VET's very large land position, I should stress the exceedingly large undeveloped land parcels. These are being maintained by VET because of high prospectivity and huge potential. With cash in hand, VET must surely now be evaluating the commerciality of these prospects. That will take some time , but the returns can be spectacular. Land based and accesible prospective oil deposits in politically stable countries have become increasingly rare. Yet in spite of misguided activism , the realization that these same prospects will be sorely needed iin the future is starting to slowly penetrate the rather thick skulls of our present leaders !!
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