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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 Oldnaggeron Jun 01, 2023 11:53am
205 Views
Post# 35475028

RE:RE:EROI

RE:RE:EROIThe issues are extremely complex and not easy to understand for anyone . Nevertheless , some governments have now decided  to bet huge sums of money on ventures which may yield little or no fruit. It is called political expediency and contrary to what some may think ,it is often not fact based and even worse has never been subjected to any form of cost benefit analysis.
Just like everything else in life , panicking is not good policy. Good policy can only be achieved by open discussion and weighing of the alternatives . Hopefully we will see some before we economically cripple ourselves !!
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