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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

Post by whoLuLuon May 30, 2022 2:19pm
172 Views
Post# 34717558

nat gas inventories low ..

nat gas inventories low ..

Per Celsius Energy, nat gas inventories now sit 350 BCF below five year average

Also, we are forecast to inject below the five year average over next four weeks. A hot summer might make traders panic on the buy side for nat gas. The fall and winter east year could really be all over the place. Very disconcerting. A scorching July and August would surely result in brownouts. Electric grid in North America will be tested this summer.



https://www.celsiusenergy.net/
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