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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

Post by Pandoraon Dec 16, 2023 4:23pm
433 Views
Post# 35788397

COP 28 and Canada

COP 28 and Canada
An article written by Joe Oliver a former Minister of Natural Resources re the COP 28 program.

Bjorn Lomborg, a noted 'anti going green' activist has stated there are two new studies that suggest the program and timing that is laid out by proponents of COP 28 result in costs of $27 Trillion per year and only provide a benefit of $4.5 Trillion. i.e. a 17 cent benefit for every $1 spent.

A quote from the article:

"At home, Justin Trudeau’s hostility to energy resources has arguably imposed on Canada the highest proportional economic burden of any other resource-rich country, including a quarter trillion dollars in lost capital investments, with no possible impact on global temperatures. With Trudeau clearly unwilling to back off his ruinous climate policies, time is running out on sending bloated delegations to COP confabs. A lucrative international environmental gig would be opportune, both for him and his long-suffering subjects."

https://financialpost.com/opinion/cop28-futile-climate-theatrics


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