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 > down the road ..

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Comment by Moemoney42on Mar 12, 2022 12:14pm

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RE:RE:RE:RE:RE:RE:down the road ..

I believe that's true Binkie as no one wants the Russian oil & gas to stop yet until winter is over in the northern hemisphere, because if the Europeans put sanctions on Russian O&G then Putin will just shut off supply as there will be no monetary gains.. then Europe will be on its knees.. its a complicated issue to say the least.!

Binkie wrote: Have the Russian oil sanctions been implemented or are the effective starting in June as some reports seem to indicate? I base that on a WSJ oped yesterday by Kim Strassel that said

First, Strassel noted that the administration was slow in applying sanctions in the first place. Initially, Biden completely refused to impose sanctions in the lead-up to the invasion, citing ‘multilateralism’ and blaming European allies’ reluctance. On Friday, the Treasury Department quietly clarified that the new sanctions won’t even start applying to most energy transactions until June 24th — meaning Wall Street can keep buying and selling Russian oil and gas for now.