Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

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 > Economics 101

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Comment by Quintessential1on Dec 17, 2022 11:00am

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Post# 35177564

RE:RE:Economics 101

That seems very much like nationalizing O&G an option that I am kind of surprised they haven't put forward yet. They are afterall their resources.

After that they will have to pay the costs of their mismanagement for extracting their own resources.

They can of course tax the imported O&G if they can get anyone to deliver it.

They have hard decisions to make and their populous is going to have to pay for those decisions either way.

GLTA

Overertune wrote: The idiots in Europe will never wake up. When ng becomes more pricey next year. They will raise windfall tax to 100%. Until every oil/gas producer left.

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