Saturday, November 30, 2024

‘The Best Place to Look for Oil and Gas’

“While most of our oil brothers here are scrambling hard to get every good acre in the U.S., this whole southern continent has been left wide open” – GeoPark CEO Jim Park According to GeoPark, companies looking for the best place for oil and gas investment in the Permian are cruising the wrong neighborhood. “The best place today to look

Vermilion Energy Increases Dividend, Reduces Debt

International producer Vermilion Energy Inc. (ticker: VET) increased production by 8% from Q3 2017, reaching an average of 72,821 BOEPD in Q4 2017. For Q4 2017, Vermilion Energy reported net earnings of $8.645 million, or $0.07 per share. This compares to a net loss of $4.032 million, or $(0.03) per share in Q4 2016. Vermilion’s 2017 annual production volumes increased