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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 > Restarting Frozen Wells Might Take Time
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Post by yggdrasill on Feb 18, 2021 7:18am

Restarting Frozen Wells Might Take Time

Water freezing in the pipes may have damaged them or the equipment they're connected to, and even just getting to the wells to repair them as the ice thaws might not be so easy either. This is sounding more and more like a long-lasting issue, which can only bode well for oil prices.

https://www.bnnbloomberg.ca/how-do-you-restart-an-oil-well-that-s-frozen-solid-1.1564945
Comment by Oldnagger on Feb 18, 2021 8:37am
 cowboy boots can be quite slippery on ice perhaps they can dig their spurs in.
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