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.

TSX:VET - Post by User

Vermilion Energy Inc

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Post by geezer21on May 05, 2022 1:53pm

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Post# 34659421

Oil and Gas Supply Deficit

The oil and gas supply deficit is greater than what demand destruction can counter act. Expect oil and gas prices to keep rising.

The available pool of oil to meet demand is declining with taking Russian oil off the market, with oil production declining, with OPEC unable to achieve the increase in production they said would deliver over 6 months ago, and with Biden buying oil back to restock strategic reserves.

Hang on to your shares.

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Who, why, and what of the great "Crypto Surge"