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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 > CROATIA Understated SA-07 (Whats happening - well tie ins)
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Post by MyHoneyPot on Nov 27, 2024 10:42am

CROATIA Understated SA-07 (Whats happening - well tie ins)

In Croatia the only production that is being reported is the production from the SA10 Block.

They have had a number of successful wells on the SA-07 block but the production has not materialized yet in their production profile. 

The three wells tested 5.6 mmcf, 4.5 mmcf and a third well 314 bbls/day  (approx = 2000 boe/day)

To be honest its looks a little strange that these 3 wells equate to 2000 boe/day like that but that just my way of thinking. 

The efforts on this block are joint ventured, and the partner has existing infastrucure. 

So where is this production coming on line?

It must be soon on would guess does anyone have insight into this?


MHP
IMHO
Comment by Quintessential1 on Nov 27, 2024 12:54pm
Production is set to begin in 2025 and last 20 years, with reserves estimated at 4.4 million barrels of oil equivalent.  https://seenews.com/news/vermilion-makes-onshore-hydrocarbon-discovery-in-croatia-1262792 GLTA Longs
Comment by MyHoneyPot on Nov 27, 2024 2:42pm
Thankyou that is helpful.  IMHO MHP
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