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Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > No new Vermillion Licenses in SE Sask.
View:
Post by Poise1 on Dec 31, 2020 7:51pm

No new Vermillion Licenses in SE Sask.

Many companies gearing up to drill in SE.  What's up with Vermillion???   Too quiet.....
Comment by ThatAlbertaGuy on Dec 31, 2020 8:28pm
I haven't read any schedules but I heard they drilled a few out west by oungre this last quarter or one before . Last winter they where drilling up around Carlyle a bit . Perhaps they are just drilling in certain areas rather then moving the rigs around a bunch . I'm not 100% just a thought   
Comment by Oldnagger on Dec 31, 2020 11:41pm
Hopefully, they are using all their drilling funds in the Netherlands. the TTF price is currently USD 6.85 and projected to remain over 5.72 for 2021 they have 800,000 acres left to drill. Numerous other opportunities in Europe and Australia. North America is seriously out of sync with the rest of the world. Happy New Year to everyone
Comment by JohnFriesen on Jan 01, 2021 10:40pm
This post has been removed in accordance with Community Policy
Comment by Backinblack1000 on Jan 02, 2021 7:10pm
This post has been removed in accordance with Community Policy
Comment by mnztr on Jan 05, 2021 2:10pm
OTOH they did say they completed their capital program early in the year and did cut it back due to covid .Perhaps they want a quarter or 2 of pure cash before they start drilling again.
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