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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 > 2025 could be a breakout year for Europe
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Comment by MyHoneyPoton Dec 11, 2024 9:53am
145 Views
Post# 36356385

RE:2025 could be a breakout year for Europe

RE:2025 could be a breakout year for EuropeReally none of the European drilling in 2024 is realized in the form of production in 2024.

None of the wells in Germany, the SA-07 block in Croatia, about 7 wells. 

This should mean in 2025 we should see some production acceleration in Europe(Germany, Croatia)

We should see the benifits of the Partnership that we have in Croatia, here is their press release. 

Croatia SA-07 Press release by VET Partner Link


Production is set to begin in 2025 and last 20 years, with reserves estimated at 4.4 million barrels of oil equivalent. This ranks Zbjegovaca among Croatia’s top five fields based on 2P reserves, which include both proven and probable quantities.

Germany and Croatia should be big this year.

IMHO
MHP
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