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 > EU natural gas - more leverage?

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Comment by EnergyWatcher55on Mar 10, 2022 6:10pm

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Post# 34504780

RE:EU natural gas - more leverage?

Corrib gas field is running out. If there was more blocks, Shell would have acquired them. Corrib has been in operation since 2015 and Shell sold its stake in it. VET estimates there is about a decade of reserves left.

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Changing Europe’s dependency on HREE from China