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 > Texas heat wave

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Post by Oldnaggeron Jun 12, 2022 4:14pm

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Texas heat wave

With most of Texas over 100 F for the next 12 days, I wouldn't be surprised to see a real shortage of nat gas. Recall in the winter of 2021 when they had a nat gas shortage, that led to a curtailing of lng exports and supply to Mexico. I would not be surprised to see a repeat this summer !!

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