Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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 > Corrib Gas volumes equal $7.2 Mil a day $2.62B year unhedged

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Comment by Oldnaggeron Aug 01, 2022 9:36pm

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Post# 34864781

RE:RE:Corrib Gas volumes equal $7.2 Mil a day $2.62B year unhedged

As another thought, as soon as the Corrib acquisition is completed. that will release a torrent of free cash flow to flow into VET. Enough for higher dividends and other goodies as yet to be named .
Could it be that VET is waiting for this cash to get the NCIB going in earnest ? What about a substantial interest bid ? Or further acquisitions (i.e. Coelacanth )

Exciting days ahead !!

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