Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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

Vermilion Energy Inc > 2024 Budget Release

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Comment by GregC24on Nov 30, 2023 10:49am

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Post# 35760987

RE:RE:2024 Budget Release

Overertune wrote: That should be January 2024. By that time, the 1B debt target should have reached.

In the Q3 call Lars stated on 2 seperate occasions "We plan to release our 2024 budget and guidance in the upcoming weeks, which will also include an update to our return of capital framework." Dion said "We'll be providing more details when we release our budget in the upcoming weeks as noted on the call."

2023 guidance budget was likely impacted by the unexpected windfall tax implementation which resulted in the Jan 2023 release. 2022 budget was released November 2021.

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