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 > Taking Vermillion private

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Comment by Paray99on Jan 04, 2023 1:55pm

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Post# 35203182

RE:Taking Vermillion private

prested wrote: It has been suggested that VET has almost enough cash to buy back all enough shares to go private. Since the time that was suggested the SP has dropped considerably. Is this a possibility and what are the cnsequences for shareholders?

It will not go private. What you are seeing is the sell off from the peak $39. It will stabilize in few days and then the reality will kick in.... wait for that soaring oil stocks soon.

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