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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 JohnnyDoeon Aug 25, 2022 4:53pm
242 Views
Post# 34920970

RE:RE:Pure heaven when this P.O.S is replaced as our leader!!

RE:RE:Pure heaven when this P.O.S is replaced as our leader!!
DukesMtl wrote:

I really despise Trudeau for many reasons but his statement is correct! 

There has never been a strong business case for Canada to invest in the infrastructure required to send LNG to Europe via Quebec or ellswhere in Canada. Europe chose to buy off of Russia instead of Canada and where are they now?

Better get the long Johns and thermal blankets ready Europe. Winter is coming...


I disagree completely. There were very strong business cases prepared to build LNG export facilities. Canada just never approved the facilities being built. The issue traces back to well before Trudeau. Had those facilities been built, Canada could be a world leader in LNG. But here we are, getting pennies on the dollar for our gas and we'll eventually achieve equality because everyone will be poor.
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