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 > UK and Ero nat gas

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Comment by Moemoney42on Aug 30, 2023 11:36am

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Post# 35611992

RE:RE:RE:RE:RE:UK and Ero nat gas

That's certainly interesting data, could also tie into establishing another currency for crude trading in the works??

Pandora wrote: Interesting how this may roll out with time:

BRICS to Control Over 80% of Global Oil Production and 33% of GDP

With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s share (over 80%) of the world’s oil production. BRICS nations are experiencing some of the fastest GDP growth and together amount to over $30 trillion in GDP.
The economic alliance that represented just 17% of GDP in 1995, now represents 32% of global GDP, surpassing G7 nations for the first time. This data was from April, but more recent numbers peg the BRICS share of global GDP at 33.5%. The BRICS alliance is now a force to be reckoned with and their growth is only getting started.