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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 marketsenseon Jul 08, 2022 4:04pm
201 Views
Post# 34811910

Weird

WeirdTrying not to harp on the same point but it really speaks to preconceived notions rather
being open and listening before passing judgment. 

A better way to approach the issue is to first accurately define the problem.   Tight
supply is the problem.  Lack of pipelines to move the product and lack of refinery
capacity are also problems adding to the supply issue.

The next thing is to consult with the industry players as well as investors how best
to go about encouraging companies to increase supply.  Listen carefully to the
suggestions.  Punitive taxation,  lack of acknowledgement and negative messaging
rhetoric about the industry is not the answer.

Understanding that oil & gas is still a critical component of our world until such time
as it can be replaced by newer technologies is a first step in this process.   Not asking
for a complete reversal away from renewables etc but just a sane and practical sense
approach towards the future.  Can't we walk and chew gum at the same time?


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