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 > OPEC + view

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Comment by RiverCartelon Mar 17, 2023 10:36pm

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Post# 35346457

RE:RE:RE:OPEC + view

I was thinking the same thing. TBH I got back in just below that price, thinking the WFT was already priced in. I am still bullish on oil long term. My thoughts are that this bank fiasco has pulled oil down too far, to fast. WTI will bounce around $60 and not get any lower. At this time the US has to be fillign the SPR, they would be crazy not to be buying back as much oil at this price as possible. Oil won't be held down for long.

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