Post by
EnergyWatcher55 on Aug 04, 2021 6:32pm
VET is DIVERSIFIED. Brent oil and Euro nat gas pricing!
If any company can whether some pullback on oil its VET.
While other oily companies trade on oil discounts due to its oilsands production and/or pipeline contraints, VET's production is on the pricy commodities such as light oil/condensates and european nat gas-which is trading at incredible pricing.
All of which bodes well for VET which had originally forecasted oil trading close to $60 by mid year.
VET is way ahed of its targets.
Good luck to all.
Comment by
Tommy123 on Aug 04, 2021 8:06pm
This post has been removed in accordance with Community Policy
Comment by
mnztr on Aug 05, 2021 12:41am
SO far there is no sign of the activty that is required to significantly increase oil production. Its all demand side now.