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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 > Any updates on Croatia gas plant
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Post by galaxyr on Sep 08, 2023 7:48pm

Any updates on Croatia gas plant

Hi all,

Does anyone have an updates on the plant construction and start? 

All I was able to find was that expected completion and start was 2023 Q4 or 2024 Q1.  I don't see much in terms of info on vermilion's recent presentations.

 In Croatia , we plan to drill three (3.0 net) wells on our SA-7 block, and anticipate starting up the gas plant on the SA-10 block in late 2023 or early 2024. This gas plant will have an initial capacity of 15 mmcf/d with capacity to expand should we make additional discoveries in the region.

https://total-croatia-news.com/news/business/croatia-to-increase-gas-production-from-six-new-wells/
Comment by Quintessential1 on Sep 09, 2023 6:04pm
This was in the investors monthly report: CROATIA • 975,000 net acres across two licenses prospective for natural gas and light oil • Drilled two gas wells on SA-10; tested at 15 mmcf/d and 17 mmcf/d* • Gas plant scheduled for start-up in 2024 https://www.vermilionenergy.com//wp-content/uploads/2023/01/Vermilion-Energy-Corporate-Presentation-August-2023.pdf GLTY and all