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 > NCIB

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Comment by Oldnaggeron Jul 05, 2022 12:13am

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Post# 34800879

RE:RE:RE:RE:RE:RE:RE:NCIB

P.S. I would highly recommend that investors keep their eye on the share count as the NCIB progresses and I certainly hope that management will keep us regularly posted as to progress in share count reductions
Remember , that when VET was previously paying high dividends that one of the major issues was the increasing share count as a result of their DRIP program. That was one of the principle reasons that led to lack of confidence in Management and is still hurting the share price even to this day.
Hopefully this time a properly administered NCIB will not only take advantage of those low share prices
but will also help restore investor confidence !!

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