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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 Pandoraon Nov 09, 2022 2:55pm
140 Views
Post# 35086161

RE:Shock and Awe

RE:Shock and Awe
This is about Canada's natural gas reserve and how it could benefit the country if there were no obstructions such as government and activists: (and of course, opinions on that are all over the map, none of which are capable of helping the situation  -- the power lies with the politicians, and we know where we sit with that in the present, as they pad the purses with fear mongering carbon offsets, etc.) How much of 'our' money will they waste chasing some unmeasurable objective in an unreasonable time frame that does not even have a recognizable step by step plan of how to get there. At some point people may become sensitive to how their money is being used as they get to keep less and less of it. I am too old to still be around to be significantly affected but I do wonder how it will turn out for others. Having experienced 'climate change' for the past 82 years I would have no fear looking forward to the next 82 years but that's not how life works. Too bad the powers that be are not compelled to lay out a practical substantiated plan of how they expect to get to "net zero" (whatever that means) by 2050. Maybe the first step would even be how they define net zero - not just a dictionary definition.

https://boereport.com/2022/11/01/canada-could-hire-100000-nurses-and-provide-first-nations-universal-clean-water-with-far-less-than-a-year-of-lng-royalties-taxes-from-a-single-pipeline/
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