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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

Post by prestedon Nov 10, 2022 11:06am
482 Views
Post# 35088480

Imagine the conversations...

Imagine the conversations.....that are going on between energy companies and bureaucrats. The Oil companies explaining to the cretins that time is a factor here. The Europeans need the energy more than they need the windfall profits, which they will be using to cushion the effect of higher gas prices to the unwashed.The energy companies will explain in detail that they can help with energy or they can help by allowing themselves to be robbed, but they can't or wont do both. Governments are woking on the assumption that the Ukraine war will be over by next winter because Ukraine will have come to terms with Russia. No, they wont Therefore, the supply problem continues, and if they want the cooperation of the energy suppliers they need to decide whether the long term goals of independent supplies come from companies with a gun to their head, or from partners who work together.
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