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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

Comment by Moemoney42on Aug 04, 2022 9:44am
226 Views
Post# 34870750

RE:RE:RE:Apparently OPEC agrees to up production by 100k

RE:RE:RE:Apparently OPEC agrees to up production by 100kUnfortunenately the latest rout in oil prices is all paper trading based on headlines and speculation.. the physical market tells a different story.. but the "players" are gonna skew reality for the trade.. IMHO 
The paper market has become too political IMO and can't be trusted for realistic issues.. although it will assist in diverting demand destruction... for now..?
Oldnagger wrote: The decrease in crude prices, given that OPEC + is now at essentially maximum capacity, is ridiculous to say the least. The demand for crude and its products will continue to grow regardless of everything else. The only obstacle henceforth will be the resultant extremely high pricing !!


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