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.

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Vermilion Energy Inc > Taxing profits

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Comment by Citizen13on Sep 07, 2022 8:20am

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Post# 34945985

RE:Taxing profits

I ddn't see the EU bail out Vermillion when they were struggling tremendously . It has to work both ways . This will not go through and if it does Vernillion should sue them for billions. This is a communist /dictatorship move that essentially makes private funds public. Like good old Russia seizing assets randomly and on a whim because they needed a piece of the action . It would be extremely disturbing if they seized money as " windfall taxes " Disgusting.

Abedim15 wrote:
ireland believes that a windfall profit tax would have to be a coordinated EU policy decision with a logical purpose.

https://www.businesspost.ie/politics/donohoe-taxing-windfall-profits-at-corrib-is-a-matter-for-the-eu/

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