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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 Pandoraon Feb 27, 2022 9:56pm
177 Views
Post# 34466486

RE:RE:RE:It Begins

RE:RE:RE:It Begins
marketsense wrote: Ahh,  the devil is in the details.  I think Moe is right on.  Not all Russian banks have
been sanctioned out of SWIFT.   That leaves the door open for business to continue
as usual unless at some point Putin decides to shut off the gas.  No matter how 
"concerned" Europe is over Putins invasion of Ukraine,  they still want the gas to
keep flowing.   That still leaves Europe in a very vulnerable position as one never knows when Putin might decide to close it down or threaten to do so as a bargaining
chip if necessary.   Certainly not a comfortable situation putting aside the hypocrisy
of the European political viwepoint

On another note,  as a Cdn,  one has to feel for the suffering of the Ukrainian people,  and the least Canada could do is airlift as many Ukrainian families as
they can to safe harbour here.  Ottawa shoudl be stepping up immediately to
start an evacuation .



It's good to see that the powers that be have it all sorted out. Vodka is more expensive than oil so they have put an embargo or sanction on all Russian vodka and that gives them the logic to continue buying Russian oil. We'll teach them - we can get by without their damn vodka.
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