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.

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Vermilion Energy Inc > Oil shock and awe surge will lead to demand destruction

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Post by EnergyWatcher55on Mar 06, 2022 11:34pm

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Post# 34489078

Oil shock and awe surge will lead to demand destruction

For oily bulls, be careful what you wish for. These EXTREME surge in oil prices ($124 WTI and $130 brent) with no end in sight is unsustainable. High oil prices will eventually lead to demand destruction and will end up with oil prices crashing. Can't tell you when but it will happen. GLTA.

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Advancing flagship Ishkõday Gold Project in Ontario